1312 12th St NE, Canton, OH, 44705 | $328/mo Cash Flow

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1312 12th St NE, Canton, OH, 44705 | $328/mo Cash Flow | Ziffy

For Sale

Listed for sale today

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Canton at 1312 12th St NE, Canton, OH, 44705 earns $328/mo cash flow from $1,380/mo rent with a $783/mo payment. Total monthly income totals $1,380/mo, and annual cash flow totals $3,934/yr on $53,007 capital. ROI tracks 27.33% on current figures, and rental yield reads 10.36% at a $159,900 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,177 over five years. Five-year ROI reaches 143.16% and total cumulative return in cash sums $75,882. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,380/mo property income instead of your personal income.

Multi Family

Built in 1894

7,492 sqft lot

$N/A/sqft

No HOA

More details about the property

Hard-to-Find Turn-Key 4-Unit Investment Opportunity! Exceptional, updated four-unit property offering the perfect blend of modern upgrades and strong income potential. Major improvements include newer roof, siding, and windows, along with brand-new bathrooms throughout, three completely new kitchens plus appliances provided in all units, fresh paint, and new flooring in all units. Additional updates include new exterior doors, serviced or new furnaces, updated electric breaker panels, and much more making this a truly worry-free investment. Each unit enjoys its own charm with welcoming front porches and private rear decks, while full walk-out lower levels add valuable space and flexibility. Situated on a generous lot with ample off-street parking, this property features separate utilities for ease of management. Thoughtfully configured with two first-floor units and two second-floor units, this is a rare, move-in-ready multi-family opportunity ideal for investors or owner-occupants alike.