2243 9th St 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 2243 9th St NW, Canton, OH, 44708 generates $977/mo in rent and, after a $612/mo payment, leaves $155/mo in cash flow. Total monthly income is $977/mo, and annual cash flow is $1,855/yr on $41,438 invested. Return on cash invested sits at 24.39% in year one, and rental yield is 9.38% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 127.4% and total cumulative return in cash sums $52,793. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $977/mo property income rather than buyer’s personal income.
Single Family
Built in 1922
4,791 sqft lot
$N/A/sqft
No 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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