4895 3rd 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 4895 3rd St NW, Canton, OH, 44708 uses $79,527 cash to close to unlock $3,470/yr annual cash flow and $289/mo monthly cash flow. Total monthly income runs $1,867/mo, and a $1,174/mo payment keeps the spread at $289/mo. Purchase price stands at $239,900, and rental yield measures 9.34% with $1,867/mo rent. Return on cash invested shows 24.27% in year one, and 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 126.79% and total cumulative return in cash records $100,831. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,867/mo property income covering a $1,174/mo payment rather than investor’s personal income.
Single Family
Built in 1961
0.38 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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