517 Broad Ave NWCantonOH44708
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 517 Broad Ave NW, Canton, OH, 44708 priced at $132,900 pairs $1,287/mo rent with $413/mo cash flow after a $650/mo payment. Total monthly income equals $1,287/mo, and annual cash flow comes to $4,959/yr on $44,056 invested. Return on cash invested is 31.17% in year one, and rental yield stands at 11.62% on a $132,900 basis. Equity gained on principal adds $858/yr, and 5% annual appreciation accumulates to $36,718 by year five. Five-year ROI measures 163.81% and total cumulative return in cash reaches $72,169. For financing, Ziffy Mortgage’s DSCR program evaluates $1,287/mo property income against a $650/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1918
4,800 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices