614 Wertz Ave SWCantonOH44710
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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
Rental property for sale in Canton at 614 Wertz Ave SW, Canton, OH, 44710 priced at $144,500 converts $1,500/mo rent into $550/mo cash flow after a $707/mo obligation. Total monthly income equals $1,500/mo, and annual cash flow totals $6,597/yr on $47,902 invested. Return on cash invested prints 33.68% in year one, and rental yield reads 12.46% against a $144,500 entry. Equity gained on principal adds $932/yr, while 5% annual appreciation compiles into $39,923 by year five. Five-year ROI reaches 177.2% and total cumulative return in cash sums $84,883. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,500/mo property income covering a $707/mo payment, not borrower’s personal income.
Single Family
Built in 1920
3,737 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44710, Canton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,084 (100%) |
| Owner Occupied HU | 2,167 (53.1%) |
| Renter Occupied HU | 1,667 (40.8%) |
| Vacant Housing Units | 250 ( 6.1%) |
| Median Home Value | $91,486 |
| Average Home Value | $114,841 |
Housing Distribution
Address Breakdown
Residential
3,976
Single Family
3,600
Multi-Family
376
Businesses
88
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