3034 12th St 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
Investment property for sale in Canton at 3034 12th St NW, Canton, OH, 44708 listed at $114,900 pairs $1,305/mo rent with a $562/mo payment to leave $550/mo cash flow. Total monthly income runs $1,305/mo, and annual cash flow reaches $6,595/yr on $38,089 cash to close. Return on cash invested measures 37.22% in year one, and rental yield registers 13.63% at a $114,900 basis. Equity gained on principal adds $741/yr, and annual property appreciation at 5% supports $31,745 by year five. Five-year ROI tracks 196.28% and total cumulative return in cash totals $74,762. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,305/mo property income relative to a $562/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1952
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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