1505 Baycrest Dr NWCantonOH44708
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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 1505 Baycrest Dr NW, Canton, OH, 44708 offers $1,373/mo rent that, after a $1,285/mo payment. Total monthly income is $1,373/mo. Return on cash invested measures 7.12% in year one, and rental yield stands at 6.28% at a $262,500 entry. Equity gained on principal adds $1,694/yr while 5% annual appreciation compounds into $72,524 by year five. Five-year ROI records 37.66% and total cumulative return in cash reaches $32,770. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,373/mo property income versus a $1,285/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1984
N/A lot
$N/A/sqft
$558 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44708, Canton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,182 (100%) |
| Owner Occupied HU | 7,316 (60.1%) |
| Renter Occupied HU | 4,002 (32.9%) |
| Vacant Housing Units | 864 ( 7.1%) |
| Median Home Value | $188,067 |
| Average Home Value | $232,419 |
Housing Distribution
Address Breakdown
Residential
11,306
Single Family
10,512
Multi-Family
794
Businesses
748
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