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2310 Harmon St NE
D- Composite 37.57
Why this score? — see what drove the D- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +13.6/30.0
  • Schools +5.5/10.0
  • DSCR +4.1/10.0
  • Livability +3.6/5.0
  • 1% rule +3.0/10.0
  • ARV discount +2.9/15.0
  • Condition / age +2.5/5.0
  • Rent growth +2.4/5.0
  • Appreciation +0.0/10.0

$124,900

2310 Harmon St NE · Canton, OH 44705
2 bd · 1.0 ba · 936 sqft · SingleFamily public records · 31 Days on market
Built 1950 4,229 sqft lot Est $113k · 10% over

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks

Beautifully updated 2-bedroom, 1-bath home located in the heart of Canton with convenient access to Route 62 and an abundance of nearby shopping and dining. This home has been completely renovated, including a professionally added and Plain Township-approved second floor. The main level features luxury vinyl plank flooring throughout and an open-concept living, dining, and kitchen area that’s perfect for entertaining. A fully remodeled bathroom and spacious first-floor bedroom complete the main level. Upstairs, you’ll find a large second bedroom with a walk-in closet. Step outside to enjoy the fully fenced backyard, ideal for relaxing summer evenings, along with a spacious 12&rs

Key facts

  • Walk-in closet
  • Updated home
  • 4,229 sq ft lot

Tags

UPDATED HOMELUXURY VINYL PLANK FLOORINGFULLY REMODELED BATHROOMWALK-IN CLOSETFULLY FENCED BACKYARDSPACIOUS STORAGE SHED

Property features AI

Exterior

  • Parking: Driveway
  • Utilities: Public water; Public sewer
  • Home design: Single-story property; Faces north; Block foundation
  • Construction: Vinyl siding; Asphalt/fiberglass roof
  • Exterior features: Front porch; Backyard fencing; Shed(s); City lot; Property has a view; Updated/remodeled condition

Interior

  • Kitchen: Kitchen on the main level
  • Bedrooms: One bedroom on the main level; One bedroom on the second level
  • Flooring: Carpet in one bedroom
  • Bathrooms: One full bathroom on the main level
  • Heating & cooling: Forced air heating (gas); Ceiling fan(s) provide cooling/air circulation
  • Interior features: Ceiling fan(s); Full unfinished basement
  • Laundry & utility: Laundry located in the basement

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/1.0-bath single-family listed at $125k.

Deal economics

  • At list price, monthly cash flow is $7 ($86/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $100k (20.3% below list).
  • Recommended offer: $100k (20.3% below list) — sets the bar for 1% rule.
  • Cap rate 6.4% vs local median 4.9% in Canton — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

  • Location reads 71/100 on livability (#441 in OH) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A; Watch: crime F, employment F.
  • Plain Local (suburban): math 61% / reading 69% proficiency, ranked #216 of 656 in OH (top 33%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
  • Zoned schools: Frazer Elementary School (math 87% / reading 72%, grade A, #173 of 1,584 statewide, top 12%, 290 students, 51% FRL); Oakwood Middle School (math 58% / reading 66%, grade B+, #242 of 654 statewide, top 38%, 940 students, 43% FRL); Glenoak High School (math 29% / reading 69%, grade D, #422 of 781 statewide, top 54%, 2,067 students, 37% FRL) — zoned schools at 43% FRL track the district average.
  • Market conditions: Rents soft (-0.2%/yr); 71 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals at typical pace (median 16d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 528 units permitted in Stark County in 2024 (84 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $864 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
  • Stark County population projected to shrink 8% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

  • It's been on market 31 days — a 3% lower offer ($121k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts since 2y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
  • Current owner paid $17k; list at $125k implies a 635% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.
  • Climate carrying-cost: moderate flood risk — expect insurance premiums to compound above CPI over the hold.
Recommended offer $99,572 (20.3% below list)

Questions for the listing agent

  1. It's been on market 31 days. Have you received any prior offers? Is the seller open to a 20% concession, seller financing, or rate buy-down credit?
  2. Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
0.80%
Cap rate
6.36%
Cash-on-cash
0.25%
DSCR
1.01
GRM
10.5

CMA / ARV

ARV (on-the-fly)
$113,256
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
2333 23rd St NE 0.19mi 3/1.0 (+1) 932 (-0%) 9mo $66,000 $71 78
2220 Harrisburg Rd NE 0.28mi 2/1.0 908 (-3%) 7mo $124,000 $137 76
2315 Maple Ave NE 0.50mi 2/1.0 924 (-1%) 4mo $102,500 $111 72
2408 21st St NE 0.33mi 2/1.0 840 (-10%) 2mo $110,000 $131 66
2656 22nd St NE 0.49mi 3/1.0 (+1) 1,008 (+8%) 1mo $25,000 $25 58
1607 20th St NE 0.65mi 3/1.0 (+1) 908 (-3%) 5mo $126,000 $139 56
1909 Gridley Ave NE 0.55mi 3/1.0 (+1) 1,008 (+8%) 7mo $115,000 $114 51
2735 19th St NE 0.65mi 3/1.0 (+1) 1,008 (+8%) 2mo $84,000 $83 50
2005 17th St NE 0.63mi 3/1.0 (+1) 1,040 (+11%) 1mo $144,100 $139 46
2715 19th St NE 0.63mi 3/1.0 (+1) 1,008 (+8%) 8mo $107,500 $107 46
1417 Colonial Blvd NE 0.68mi 2/1.0 832 (-11%) 8mo $110,000 $132 43
2102 Endrow Ave NE 0.75mi 3/1.0 (+1) 850 (-9%) 2mo $102,500 $121 43

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold
IRR
-19.0%
Equity multiple
0.35×
Total profit
$-22,736
Equity at exit
$18,623
10-year hold
IRR
-18.5%
Equity multiple
0.12×
Total profit
$-30,635
Equity at exit
$10,799

Cash invested: $34,972 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
73 Landlord-Friendly
State Ohio
73 Landlord-Friendly · R+6
County
— inherits STATE
City
— inherits STATE
3-day notice; Cleveland / Columbus have some habitability code enforcement; otherwise landlord-leaning.

ZIP-level market 44705

Rents YoY
-0.2%
Active inventory
71
Price-to-rent
10.5×

Monthly cashflow live

Estimated rent
$996 high interval (Pro) →
Mortgage (P&I)
$655
Tax from tax record
$72 /mo · $869/yr
Insurance
$52
HOA
$0
Vacancy / Maint / Mgmt
$209
Net cashflow
$7

Break-even live

Break-even rent $987
Max offer price $124,900
Occupancy floor 94%

Sensitivity live

Price -10% $78 -5% $43 +0% $7 +5% $-28 +10% $-64
Rent -10% $-71 -5% $-32 +0% $7 +5% $47 +10% $86
Rate -1.0pp $70 -0.5pp $39 base $7 +0.5pp $-25 +1.0pp $-58

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$31,225
Closing costs
$3,747
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 7 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1908 Taft Ave NE Canton, OH 2.0 1.0 633 $925 $1.46 45d 1 0.38mi
2103 Willowrow Ave NE Canton, OH 3.0 1.0 850 $1,000 $1.18 15d 1 0.76mi
2321 Harmont Ave NE Canton, OH 2.0 1.0 800 $1,200 $1.50 15d 1 0.84mi
1524 Parkhill Pl NE Canton, OH 3.0 1.0 856 $995 $1.16 45d 1 1.08mi
1807 Spring Ave NE Canton, OH 1.0–2.0 1.0 555 $770 $1.39 15d 1 1.22mi
1629 Spring Ave NE Unit Na Canton, OH 2.0 1.0 1100 $836 $0.76 23d 1 1.29mi
123 17th St NW Canton, OH 2.0 1.0–1.5 766 $1,050 $1.37 15d 1 1.47mi

Listing history 23 events

  1. 2026-06-18
    status $124,900 Pending 31 DOM
  2. 2026-06-18
    days on market $124,900 Active 31 DOM
  3. 2026-06-17
    days on market $124,900 Active 30 DOM
  4. 2026-06-16
    days on market $124,900 Active 29 DOM
  5. 2026-06-15
    days on market $124,900 Active 28 DOM
  6. 2026-06-14
    days on market $124,900 Active 26 DOM
  7. 2026-06-13
    days on market $124,900 Active 25 DOM
  8. 2026-06-10
    days on market $124,900 Active 23 DOM
  9. 2026-06-09
    days on market $124,900 Active 22 DOM
  10. 2026-06-08
    days on market $124,900 Active 21 DOM
  11. 2026-06-07
    days on market $124,900 Active 20 DOM
  12. 2026-06-05
    days on market $124,900 Active 17 DOM
  13. 2026-06-03
    days on market $124,900 Active 16 DOM
  14. 2026-06-02
    days on market $124,900 Active 15 DOM
  15. 2026-06-01
    days on market $124,900 Active 14 DOM
  16. 2026-05-31
    days on market $124,900 Active 13 DOM
  17. 2026-05-30
    days on market $124,900 Active 12 DOM
  18. 2026-05-18
    listed $124,900 Active
  19. 2024-12-31
    historical
  20. 2024-09-19
    price $119,900
  21. 2024-08-19
    listed $124,900 Active
  22. 1991-01-17
    soldstatus $17,000
  23. 1987-01-27
    soldstatus $11,700

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast OH · Partial reset (capped growth)

Current annual tax
$869 · $72/mo
Projected year-2 tax
$1,409 · $117/mo
Expected delta
+$540/yr (+$45/mo · 62.1%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 5/10 Major FEMA zone X (unshaded) · 51% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 3/10 Moderate 7 d/yr ≥96°F today · 17 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$11,949
− Mortgage interest
−$6,996
− Property taxes
−$869
− Insurance
−$624
− Repairs & maintenance
−$956
− Management
−$956
− Depreciation
−$3,633
Taxable loss
−$2,086
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$501
After-tax cash flow
$587/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Plain Local
NCES district ID
3904993
Math proficiency
61% ▼ -13.00%
Reading proficiency
69% ▼ -5.00%
Median HH income
$48,337
Composite
55.04/100
National rank
#1293
State rank
#216 of 656 in OH

Livability — Canton

Score
71/100
State rank
#441
US rank
#7259

Category grades

Amenities C+ Commute A+ Cost of living A+ Crime F Employment F Housing A Health & safety C User ratings D+

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Stark County · 272,865 people
City population
103,614
Metro
Canton-Massillon, OH
Population (ZIP)
16,872
Household income
$43,439
Rent vs Own
42.8% rent · 57.2% own
Severe rent burden
524.0

Population outlook (Stark County) Hauer SSP2

Today (2025)
373,708 people
By 2030
371,245 · -0.7%
By 2040
361,331 · -3.3%
By 2050
345,290 · -7.6%
By 2075
302,669 · -19.0%
By 2100
238,870 · -36.1%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.60)
Race & ethnicity
White 58% Black 22% Two or more races 13% Hispanic / Latino 9%
Hispanic origin (detail)
Mexican 2% Puerto Rican 2%
Common ancestry
Italian 5% Romanian 4% Lithuanian 2%
Foreign-born
3% · Canada
Languages at home
97% English-only · Spanish 2% German/W. Germanic 1%

Political lean MEDSL · Stark

2024 margin
Strong R (+21.9) · D 38.6% · R 60.5%
2008→2024 swing
-27.4pp toward R · 2008: 5.5pp · 2024: -21.9pp
All cycles
2024: R+21.9 2020: R+18.5 2016: R+17.4 2012: R+0.4 2008: D+5.5

Not yet ingested

Civics

Market trends

HPI YoY
▼ -200.62%
Current HPI
150.1531
Rent YoY
▼ -0.23%
Metro
Canton-Massillon, OH
State GDP YoY
▲ 1.98%
F500 in state
48

Industry mix (Fortune 500 HQ in OH)

Industry F500 HQs Revenue

Price history

+967.5% since first listed
6 events — show timeline
  • 2026-05-18 Listed $124,900 MLSNOW
  • 2024-12-31 Listing Removed MLSNOW
  • 2024-09-19 Price Changed $119,900 MLSNOW
  • 2024-08-19 Listed $124,900 MLSNOW
  • 1991-01-17 Sold (Public Records) $17,000 Public Records
  • 1987-01-27 Sold (Public Records) $11,700 Public Records

Property tax history

+13.3%/yr

Latest (2024): $869 · +124.5% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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