2545 58th St NECantonOH44721
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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 2545 58th St NE, Canton, OH, 44721 listed at $297,000 pairs $3,600/mo rent with a $1,454/mo payment to leave $1,646/mo cash flow. Total monthly income runs $3,600/mo, and annual cash flow reaches $19,753/yr on $98,456 cash to close. Return on cash invested measures 39.97% in year one, and rental yield registers 14.55% at a $297,000 basis. Equity gained on principal adds $1,916/yr, and annual property appreciation at 5% supports $82,056 by year five. Five-year ROI tracks 210.97% and total cumulative return in cash totals $207,714. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,600/mo property income relative to a $1,454/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1966
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44721, Canton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,940 (100%) |
| Owner Occupied HU | 4,918 (82.8%) |
| Renter Occupied HU | 814 (13.7%) |
| Vacant Housing Units | 208 ( 3.5%) |
| Median Home Value | $247,792 |
| Average Home Value | $266,538 |
Housing Distribution
Address Breakdown
Residential
5,946
Single Family
5,875
Multi-Family
71
Businesses
139
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Listed by: Anestis Kalagidis • Cutler Real Estate
Mls Name: MLS Now
Mls Provider:
Mls ID: #5048632
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