1230 Willoway Ave SENorth CantonOH44720
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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 North Canton at 1230 Willoway Ave SE, North Canton, OH, 44720 offers a 10.48% rental yield on a $235,000 purchase with $2,053/mo rent. Total monthly income registers $2,053/mo, and a $1,150/mo payment leaves $507/mo available for distribution. Annual cash flow reaches $6,089/yr on $77,903 to close, and return on cash invested stands at 27.73% in year one. Equity gained on principal adds $1,516/yr while 5% annual appreciation supports $64,926 over five years. Portfolio math shows five-year ROI at 145.3% and total cumulative return in cash at $113,188. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,053/mo property income against a $1,150/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1967
8,398 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44720, Canton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,102 (100%) |
| Owner Occupied HU | 12,320 (68.1%) |
| Renter Occupied HU | 4,840 (26.7%) |
| Vacant Housing Units | 942 ( 5.2%) |
| Median Home Value | $264,902 |
| Average Home Value | $297,243 |
Housing Distribution
Address Breakdown
Residential
17,503
Single Family
16,416
Multi-Family
1,087
Businesses
1,548
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Listed by: Roman Smith • Howard Hanna
Mls Name: MLS Now
Mls ID: #5179203