347 Water St, Canal Fulton, OH, 44614 | $54/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Canal Fulton at 347 Water St, Canal Fulton, OH, 44614 priced at $179,000 converts $1,231/mo rent into $54/mo cash flow after a $876/mo obligation. Total monthly income equals $1,231/mo, and annual cash flow totals $644/yr on $59,339 invested. Return on cash invested prints 20.99% in year one, and rental yield reads 8.25% against a $179,000 entry. Equity gained on principal adds $1,155/yr, while 5% annual appreciation compiles into $49,454 by year five. Five-year ROI reaches 109.21% and total cumulative return in cash sums $64,803. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,231/mo property income covering a $876/mo payment, not borrower’s personal income.

Single Family

Built in 1920

10,249 sqft lot

$N/A/sqft

No HOA