3030 55th 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
Rental property for sale in Canton at 3030 55th St NE, Canton, OH, 44721 generates $1,535/mo in rent and, after a $1,126/mo payment, leaves $22/mo in cash flow. Total monthly income is $1,535/mo, and annual cash flow is $262/yr on $76,245 invested. Return on cash invested sits at 20.25% in year one, and rental yield is 8.01% on a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 105.19% and total cumulative return in cash sums $80,203. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,535/mo property income rather than buyer’s personal income.
Single Family
Built in 1974
0.77 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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