1422 Plain Ave NECantonOH44714
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
Investment property for sale in Canton at 1422 Plain Ave NE, Canton, OH, 44714 offers a 9.52% rental yield on a $119,900 purchase with $951/mo rent. Total monthly income registers $951/mo, and a $587/mo payment leaves $162/mo available for distribution. Annual cash flow reaches $1,946/yr on $39,747 to close, and return on cash invested stands at 24.81% in year one. Equity gained on principal adds $774/yr while 5% annual appreciation supports $33,126 over five years. Portfolio math shows five-year ROI at 129.7% and total cumulative return in cash at $51,552. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $951/mo property income against a $587/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1924
4,730 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44714, Canton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,122 (100%) |
| Owner Occupied HU | 2,255 (54.7%) |
| Renter Occupied HU | 1,610 (39.1%) |
| Vacant Housing Units | 257 ( 6.2%) |
| Median Home Value | $150,568 |
| Average Home Value | $190,882 |
Housing Distribution
Address Breakdown
Residential
4,132
Single Family
3,668
Multi-Family
464
Businesses
128
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices