2601 Crafton Cir NWNorth CantonOH44720
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 North Canton at 2601 Crafton Cir NW, North Canton, OH, 44720 priced at $289,900 converts $1,986/mo rent into $79/mo cash flow after a $1,419/mo obligation. Total monthly income equals $1,986/mo, and annual cash flow totals $948/yr on $96,102 invested. Return on cash invested prints 20.9% in year one, and rental yield reads 8.22% against a $289,900 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation compiles into $80,094 by year five. Five-year ROI reaches 108.63% and total cumulative return in cash sums $104,397. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,986/mo property income covering a $1,419/mo payment, not borrower’s personal income.
Single Family
Built in 1981
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44720, Canton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,102 (100%) |
| Owner Occupied HU | 12,320 (68.1%) |
| Renter Occupied HU | 4,840 (26.7%) |
| Vacant Housing Units | 942 ( 5.2%) |
| Median Home Value | $264,902 |
| Average Home Value | $297,243 |
Housing Distribution
Address Breakdown
Residential
17,503
Single Family
16,416
Multi-Family
1,087
Businesses
1,548
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kara Kirkbride • Howard Hanna
Mls Name: MLS Now
Mls ID: #5110368