3097 Wicker St NECantonOH44721
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 Canton at 3097 Wicker St NE, Canton, OH, 44721 generates $3,157/mo in rent and, after a $1,906/mo payment, leaves $595/mo in cash flow. Total monthly income is $3,157/mo, and annual cash flow is $7,144/yr on $129,119 invested. Return on cash invested sits at 25.44% in year one, and rental yield is 9.73% on a $389,500 entry. Equity gained on principal adds $2,513/yr, while 5% annual appreciation builds toward $107,612 over five years. Five-year ROI reaches 133.04% and total cumulative return in cash sums $171,775. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,157/mo property income rather than buyer’s personal income.
Single Family
Built in 2019
0.31 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices