2824 11th St SWCantonOH44710
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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 2824 11th St SW, Canton, OH, 44710 uses $41,437 cash to close to unlock $7,615/yr annual cash flow and $635/mo monthly cash flow. Total monthly income runs $1,457/mo, and a $612/mo payment keeps the spread at $635/mo. Purchase price stands at $124,999, and rental yield measures 13.99% with $1,457/mo rent. Return on cash invested shows 38.29% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 201.95% and total cumulative return in cash records $83,681. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,457/mo property income covering a $612/mo payment rather than investor’s personal income.
Single Family
Built in 1923
3,885 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44710, Canton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,084 (100%) |
| Owner Occupied HU | 2,167 (53.1%) |
| Renter Occupied HU | 1,667 (40.8%) |
| Vacant Housing Units | 250 ( 6.1%) |
| Median Home Value | $91,486 |
| Average Home Value | $114,841 |
Housing Distribution
Address Breakdown
Residential
3,976
Single Family
3,600
Multi-Family
376
Businesses
88
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