CashFlowRE
Sign in Sign up
1217 Park Ave SW
B Composite 71.25
Why this score? — see what drove the B 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 +28.4/30.0
  • ARV discount +15.0/15.0
  • DSCR +10.0/10.0
  • 1% rule +7.5/10.0
  • Livability +3.6/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Schools +1.7/10.0
  • Appreciation +0.0/10.0

$79,900

1217 Park Ave SW · Canton, OH 44706
2 bd · 1.0 ba · 1,248 sqft · SingleFamily public records · 22 Days on market
Built 1924 4,290 sqft lot Est $97k · 18% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

2 Bed, 1 bath home in Canton, OH. House is near to major highways. Repairs and updates will be needed before move in ready. Great fixer upper!

Key facts

  • 4,290 sq ft lot
  • Garage
  • Built 1924

Property features AI

Exterior

  • Parking: Detached garage; Shared driveway; 1 garage space
  • Utilities: Public water; Public sewer
  • Home design: 2-story house; Above-grade finished living area approximately 1,248
  • Construction: Aluminum siding and brick exterior; Asphalt/fiberglass roof; Built per public records
  • Exterior features: Front porch; Privacy fencing; Back yard; Garage(s); Has view

Interior

  • Kitchen: Range; Refrigerator
  • Bathrooms: 1 full bathroom
  • Heating & cooling: Gas heating; Window air conditioning units
  • Interior features: Full basement; Front porch; Privacy fencing; Back yard; Has view
  • Laundry & utility: Laundry in 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 $80k.

Deal economics

  • At list price, monthly cash flow is $260 ($3k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $80k).
  • Recommended offer: $79k (1.5% below list) — sets the bar for market timing.
  • Cap rate 10.2% vs local median 5.1% in Canton — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

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.
  • Canton City (urban): math 17% / reading 26% proficiency, ranked #627 of 656 in OH (top 96%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 76% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: 87 active listings in the ZIP; 25 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 40% of comp listings sitting > 30 days — soft ceiling on asking rent; 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 $552 of loan paydown is wiped out by about $2k 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.
  • At projected returns (-3.0% appreciation + 3.0% rent growth), your $22k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 22 days — a 2% lower offer ($79k) is reasonable based on typical stale-listing flexibility.
  • 4 sale attempts since 19y 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 $42k; list at $80k implies a 90% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: built in 1924 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $78,701 (1.5% below list)

Questions for the listing agent

  1. Built in 1924 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. 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?
  4. 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.
  5. 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.
  6. 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
1.25%
Cap rate
10.19%
Cash-on-cash
13.93%
DSCR
1.62
GRM
6.6

CMA / ARV

ARV (on-the-fly)
$97,344
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
1136 Smith Ave SW 0.19mi 3/1.0 (+1) 1,204 (-4%) 0mo $93,900 $78 80
1114 Bedford Ave SW 0.34mi 3/1.0 (+1) 1,248 (0%) 2mo $126,000 $101 78
2803 11th St SW 0.56mi 3/1.0 (+1) 1,248 (0%) 0mo $112,000 $90 69
1017 Clinton Ave SW 0.32mi 3/1.0 (+1) 1,344 (+8%) 2mo $112,000 $83 66
2519 12th St SW 0.37mi 3/1.5 (+1) 1,194 (-4%) 3mo $131,000 $110 66
2227 7th St SW 0.42mi 3/1.0 (+1) 1,314 (+5%) 2mo $55,000 $42 65
906 Harrison Ave SW 0.29mi 3/1.0 (+1) 1,368 (+10%) 2mo $102,900 $75 64
1252 Dartmouth Ave SW 0.47mi 3/1.5 (+1) 1,322 (+6%) 1mo $90,000 $68 60
917 Camden Ave SW 0.41mi 3/1.0 (+1) 1,144 (-8%) 3mo $75,000 $66 60
644 Arlington Ave SW 0.48mi 3/2.0 (+1) 1,308 (+5%) 3mo $132,900 $102 58
1031 Camden Ave SW 0.37mi 3/2.0 (+1) 1,368 (+10%) 2mo $105,000 $77 56
921 Camden Ave SW 0.41mi 3/1.5 (+1) 1,380 (+11%) 1mo $84,000 $61 55

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 · 3.0% rent growth · sell at horizon

5-year hold
IRR
4.2%
Equity multiple
1.16×
Total profit
$3,595
Equity at exit
$11,913
10-year hold
IRR
13.7%
Equity multiple
2.09×
Total profit
$24,438
Equity at exit
$6,908

Cash invested: $22,372 (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 44706

Active inventory
87
Price-to-rent
6.6×

Monthly cashflow live

Estimated rent
$1,002 high interval (Pro) →
Mortgage (P&I)
$419
Tax from tax record
$80 /mo · $957/yr
Insurance
$33
HOA
$0
Vacancy / Maint / Mgmt
$210
Net cashflow
$260

Break-even live

Break-even rent $673
Max offer price $79,900
Occupancy floor 69%

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
$19,975
Closing costs
$2,397
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 25 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1229 Lawn Ave SW Canton, OH 2.0 1.0 936 $950 $1.01 43d 1 0.06mi
1023 Harrison Ave SW Canton, OH 3.0 1.0 1224 $1,250 $1.02 20d 1 0.18mi
1117 Arlington Ave SW Canton, OH 3.0 1.0 1240 $1,200 $0.97 13d 1 0.28mi
1380 Garfield Ave SW Canton, OH 2.0 1.0 1212 $995 $0.82 20d 1 0.36mi
1241 Bedford Ave SW Canton, OH 3.0 2.0 1152 $1,200 $1.04 13d 1 0.38mi
1520 Bryan Ave SW Canton, OH 3.0 1.0 1040 $1,100 $1.06 43d 1 0.52mi
1507 Stark Ave SW Canton, OH 3.0 1.0 1188 $975 $0.82 43d 1 0.56mi
1511 Stark Ave SW Canton, OH 2.0 1.0 992 $900 $0.91 43d 1 0.56mi
1511 Stark Ave SW Canton, OH 1.0 1.0 992 $900 $0.91 13d 1 0.56mi
202 Smith Ave SW Canton, OH 2.0 1.0 1236 $995 $0.81 43d 1 0.60mi
2316 2nd St SW Canton, OH 3.0 1.0 1125 $1,095 $0.97 43d 1 0.62mi
2237 Tuscarawas St W Canton, OH 2.0 1.0 1035 $700 $0.68 20d 1 0.70mi
2237 Tuscarawas St W Unit 7 Canton, OH 2.0 1.0 1035 $725 $0.70 43d 1 0.70mi
1014 Roslyn Ave SW Canton, OH 3.0 1.0 1128 $1,150 $1.02 20d 1 0.89mi
900 Roslyn Ave SW Canton, OH 3.0 1.0 1320 $1,175 $0.89 13d 1 0.91mi
1016 2nd St NW Canton, OH 1.0–3.0 1.0–2.0 916 $748 $0.82 13d 20 1.00mi
521 Columbus Ave NW Unit 2 Canton, OH 2.0 1.0 900 $875 $0.97 43d 1 1.01mi
521 Columbus Ave NW Unit 1 Canton, OH 1.0 1.0 700 $825 $1.18 43d 1 1.01mi
521 Columbus Ave NW Canton, OH 2.0 1.0 900 $775 $0.86 20d 1 1.01mi
200 High Ave SW Canton, OH 1.0 1.0 750 $700 $0.93 13d 3 1.03mi
1000 Market Ave S Canton, OH 1.0–2.0 1.0–2.0 1500 $4,505 $3.00 13d 12 1.03mi
2525 6th St NW Unit NA Canton, OH 2.0 1.0 950 $700 $0.74 43d 1 1.07mi
2510 10th St NW Canton, OH 3.0 1.5 1468 $1,175 $0.80 20d 1 1.26mi
1005 Broad Ave NW Unit 100 Canton, OH 2.0 1.0 1200 $850 $0.71 20d 1 1.34mi
1005 Broad Ave NW Unit 201 Canton, OH 3.0 1.0 1200 $800 $0.67 20d 1 1.34mi

Listing history 28 events

  1. 2026-06-18
    days on market $79,900 Active 22 DOM
  2. 2026-06-17
    days on market $79,900 Active 21 DOM
  3. 2026-06-16
    days on market $79,900 Active 20 DOM
  4. 2026-06-15
    days on market $79,900 Active 19 DOM
  5. 2026-06-14
    days on market $79,900 Active 17 DOM
  6. 2026-06-13
    days on market $79,900 Active 16 DOM
  7. 2026-06-10
    days on market $79,900 Active 14 DOM
  8. 2026-06-09
    days on market $79,900 Active 13 DOM
  9. 2026-06-08
    days on market $79,900 Active 12 DOM
  10. 2026-06-07
    days on market $79,900 Active 11 DOM
  11. 2026-06-05
    days on market $79,900 Active 8 DOM
  12. 2026-06-03
    days on market $79,900 Active 7 DOM
  13. 2026-06-02
    days on market $79,900 Active 6 DOM
  14. 2026-06-01
    days on market $79,900 Active 5 DOM
  15. 2026-05-31
    days on market $79,900 Active 4 DOM
  16. 2026-05-30
    days on market $79,900 Active 3 DOM
  17. 2026-05-27
    listed $79,900 Active
  18. 2017-03-29
    soldstatus $42,100
  19. 2016-08-18
    soldstatus $17,100 Sold 142-char remark
    Show marketing remark (142 chars)

    2 Bed, 1 bath home in Canton, OH. House is near to major highways. Repairs and updates will be needed before move in ready. Great fixer upper!

  20. 2016-07-19
    status Pending 142-char remark
    Show marketing remark (142 chars)

    2 Bed, 1 bath home in Canton, OH. House is near to major highways. Repairs and updates will be needed before move in ready. Great fixer upper!

  21. 2016-06-21
    listed $15,900 Active 142-char remark
    Show marketing remark (142 chars)

    2 Bed, 1 bath home in Canton, OH. House is near to major highways. Repairs and updates will be needed before move in ready. Great fixer upper!

  22. 2016-05-24
    price $15,900
  23. 2016-05-24
    historical
  24. 2016-04-01
    price $18,700
  25. 2016-03-16
    listed $21,200 Active
  26. 2007-10-18
    historical
  27. 2007-07-18
    listed $87,500
  28. 1986-05-08
    soldstatus $28,000

ⓘ 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
$957 · $80/mo
Projected year-2 tax
$1,102 · $92/mo
Expected delta
+$145/yr (+$12/mo · 15.1%)

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

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% 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 0 unhealthy d/yr today · 1 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$12,026
− Mortgage interest
−$4,476
− Property taxes
−$957
− Insurance
−$400
− Repairs & maintenance
−$962
− Management
−$962
− Depreciation
−$2,324
Taxable income
$1,946
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$467
After-tax cash flow
$2,649/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
Canton City
NCES district ID
3904371
Math proficiency
17% ▼ -17.00%
Reading proficiency
26% ▼ -12.00%
Median HH income
$28,825
Composite
17.1/100
National rank
#9116
State rank
#627 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

Census place
Canton, OH
County
Stark County · 272,865 people
City population
103,614
Metro
Canton-Massillon, OH
Population (ZIP)
16,496
Household income
$58,228
Rent vs Own
32.3% rent · 67.7% own
Severe rent burden
502.0

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
Predominantly White (84%)
Race & ethnicity
White 84% Black 8% Two or more races 6% Hispanic / Latino 3%
Common ancestry
Romanian 4% Italian 3% Lithuanian 2%
Foreign-born
1% · Canada
Languages at home
98% English-only · Spanish 2%

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
▼ -156.35%
Current HPI
239.851
Rent YoY
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

+185.4% since first listed
12 events — show timeline
  • 2026-05-27 Listed $79,900 MLSNOW
  • 2017-03-29 Sold (Public Records) $42,100 Public Records
  • 2016-08-18 Sold (MLS) $17,100 MLSNOW
  • 2016-07-19 Pending MLSNOW
  • 2016-06-21 Listed $15,900 MLSNOW
  • 2016-05-24 Price Changed $15,900 MLSNOW
  • 2016-05-24 Listing Removed MLSNOW
  • 2016-04-01 Price Changed $18,700 MLSNOW
  • 2016-03-16 Listed $21,200 MLSNOW
  • 2007-10-18 Listing Removed MLSNOW
  • 2007-07-18 Listed $87,500 MLSNOW
  • 1986-05-08 Sold (Public Records) $28,000 Public Records

Property tax history

-11.4%/yr

Latest (2024): $957 · +49.2% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…