118 E South AveCantonPA17724
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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
Rental property for sale in Canton at 118 E South Ave, Canton, PA, 17724 generates $1,092/mo in rent and, after a $660/mo payment, leaves $208/mo in cash flow. Total monthly income is $1,092/mo, and annual cash flow is $2,499/yr on $44,719 invested. Return on cash invested sits at 25.5% in year one, and rental yield is 9.71% on a $134,900 entry. Equity gained on principal adds $870/yr, while 5% annual appreciation builds toward $37,270 over five years. Five-year ROI reaches 133.38% and total cumulative return in cash sums $59,645. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,092/mo property income rather than buyer’s personal income.
Single Family
Built in 1885
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17724, Canton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,437 (100%) |
| Owner Occupied HU | 1,294 (53.1%) |
| Renter Occupied HU | 638 (26.2%) |
| Vacant Housing Units | 505 (20.7%) |
| Median Home Value | $178,279 |
| Average Home Value | $239,764 |
Housing Distribution
Address Breakdown
Residential
1,986
Single Family
1,925
Multi-Family
61
Businesses
143
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Listed by: Theresa Stimson • Iron Valley Real Estate North Central PA
Mls Name: Northern Mountains of Pennsylvania MLS
Mls ID: #31723619