1606 32nd St NECantonOH44714
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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 1606 32nd St NE, Canton, OH, 44714 generates $1,536/mo in rent and, after a $734/mo payment, leaves $550/mo in cash flow. Total monthly income is $1,536/mo, and annual cash flow is $6,594/yr on $49,725 invested. Return on cash invested sits at 33.17% in year one, and rental yield is 12.29% on a $149,999 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 174.52% and total cumulative return in cash sums $86,778. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,536/mo property income rather than buyer’s personal income.
Single Family
Built in 1952
6,581 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
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