1227 Worley Ave NWCantonOH44703
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1227 Worley Ave NW, Canton, OH, 44703 priced at $124,900 converts $1,344/mo rent into $523/mo cash flow after a $611/mo obligation. Total monthly income equals $1,344/mo, and annual cash flow totals $6,273/yr on $41,404 invested. Return on cash invested prints 35.06% in year one, and rental yield reads 12.91% against a $124,900 entry. Equity gained on principal adds $806/yr, while 5% annual appreciation compiles into $34,508 by year five. Five-year ROI reaches 184.61% and total cumulative return in cash sums $76,438. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,344/mo property income covering a $611/mo payment, not borrower’s personal income.
Single Family
Built in 1908
7,039 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44703, Canton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,285 (100%) |
| Owner Occupied HU | 1,288 (30.1%) |
| Renter Occupied HU | 2,219 (51.8%) |
| Vacant Housing Units | 778 (18.2%) |
| Median Home Value | $92,436 |
| Average Home Value | $168,003 |
Housing Distribution
Address Breakdown
Residential
3,775
Single Family
3,042
Multi-Family
733
Businesses
132
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices