5213 Ridge Ave SECantonOH44707
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
Investment property for sale in Canton at 5213 Ridge Ave SE, Canton, OH, 44707 with 5% annual appreciation on a $157,500 basis while $1,140/mo rent supports operations. Total monthly income totals $1,140/mo and a $771/mo payment preserves $104/mo for cash returns. Annual cash flow comes to $1,246/yr on $52,211 deployed, and return on cash invested reaches 22.3% in year one. Equity gained on principal adds $1,016/yr, and five-year appreciation sums $43,514 alongside rental yield of 8.69%. Five-year ROI measures 116.15% and total cumulative return in cash totals $60,645.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,140/mo property income versus a $771/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1901
2,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44707, Canton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,277 (100%) |
| Owner Occupied HU | 1,885 (44.1%) |
| Renter Occupied HU | 1,877 (43.9%) |
| Vacant Housing Units | 515 (12.0%) |
| Median Home Value | $120,231 |
| Average Home Value | $159,081 |
Housing Distribution
Address Breakdown
Residential
4,063
Single Family
3,306
Multi-Family
757
Businesses
422
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Nearby investment properties with comparable prices
Listed by: Michael D Payne • Cutler Real Estate
Mls Name: MLS Now
Mls Provider:
Mls ID: #5090492
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