2412 8th St NECantonOH44704
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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
Investment property for sale in Canton at 2412 8th St NE, Canton, OH, 44704 listed at $104,900 pairs $1,322/mo rent with a $513/mo payment to leave $632/mo cash flow. Total monthly income runs $1,322/mo, and annual cash flow reaches $7,589/yr on $34,774 cash to close. Return on cash invested measures 41.73% in year one, and rental yield registers 15.12% at a $104,900 basis. Equity gained on principal adds $677/yr, and annual property appreciation at 5% supports $28,982 by year five. Five-year ROI tracks 220.46% and total cumulative return in cash totals $76,662. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,322/mo property income relative to a $513/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
7,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44704, Canton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,933 (100%) |
| Owner Occupied HU | 752 (38.9%) |
| Renter Occupied HU | 900 (46.6%) |
| Vacant Housing Units | 281 (14.5%) |
| Median Home Value | $72,364 |
| Average Home Value | $129,219 |
Housing Distribution
Address Breakdown
Residential
1,505
Single Family
1,419
Multi-Family
86
Businesses
87
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Listed by: Jonathan Minerick • Homecoin.com
Mls Name: MLS Now
Mls Provider:
Mls ID: #5115906
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