2873 Olympia Dr 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 2873 Olympia Dr NW, Canton, OH, 44708 generates $3,095/mo in rent and, after a $2,202/mo payment, leaves $136/mo in cash flow. Total monthly income is $3,095/mo, and annual cash flow is $1,628/yr on $149,142 invested. Return on cash invested sits at 21% in year one, and rental yield is 8.26% on a $449,900 entry. Equity gained on principal adds $2,903/yr, while 5% annual appreciation builds toward $124,299 over five years. Five-year ROI reaches 109.2% and total cumulative return in cash sums $162,862. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,095/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
0.28 Acres 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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