1007 16th St NECantonOH44714
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Canton at 1007 16th St NE, Canton, OH, 44714 listed at $165,000 pairs $1,281/mo rent with a $808/mo payment to leave $195/mo cash flow. Total monthly income runs $1,281/mo, and annual cash flow reaches $2,343/yr on $54,698 cash to close. Return on cash invested measures 24.19% in year one, and rental yield registers 9.32% at a $165,000 basis. Equity gained on principal adds $1,065/yr, and annual property appreciation at 5% supports $45,586 by year five. Five-year ROI tracks 126.39% and total cumulative return in cash totals $69,131. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,281/mo property income relative to a $808/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1926
9,461 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44714, Canton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,122 (100%) |
| Owner Occupied HU | 2,255 (54.7%) |
| Renter Occupied HU | 1,610 (39.1%) |
| Vacant Housing Units | 257 ( 6.2%) |
| Median Home Value | $150,568 |
| Average Home Value | $190,882 |
Housing Distribution
Address Breakdown
Residential
4,132
Single Family
3,668
Multi-Family
464
Businesses
128
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