1012 N Canton RdCantonNC28716
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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 1012 N Canton Rd, Canton, NC, 28716 earns $346/mo cash flow from $2,022/mo rent with a $1,346/mo payment. Total monthly income totals $2,022/mo, and annual cash flow totals $4,152/yr on $91,163 capital. ROI tracks 24.46% on current figures, and rental yield reads 8.82% at a $275,000 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 127.13% and total cumulative return in cash sums $115,895. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,022/mo property income instead of your personal income.
Single Family
Built in 2007
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28716, Canton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,677 (100%) |
| Owner Occupied HU | 5,864 (67.6%) |
| Renter Occupied HU | 1,673 (19.3%) |
| Vacant Housing Units | 1,140 (13.1%) |
| Median Home Value | $249,573 |
| Average Home Value | $297,654 |
Housing Distribution
Address Breakdown
Residential
7,868
Single Family
7,802
Multi-Family
66
Businesses
437
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Listed by: Bonita Crawford • COMPASS
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4329694