709 29th St NECantonOH44714
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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 709 29th St NE, Canton, OH, 44714 offers a 9.28% rental yield on a $154,900 purchase with $1,198/mo rent. Total monthly income registers $1,198/mo, and a $758/mo payment leaves $179/mo available for distribution. Annual cash flow reaches $2,151/yr on $51,349 to close, and return on cash invested stands at 24.1% in year one. Equity gained on principal adds $1,000/yr while 5% annual appreciation supports $42,796 over five years. Portfolio math shows five-year ROI at 125.88% and total cumulative return in cash at $64,640. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,198/mo property income against a $758/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
7,139 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44714, Canton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,122 (100%) |
| Owner Occupied HU | 2,255 (54.7%) |
| Renter Occupied HU | 1,610 (39.1%) |
| Vacant Housing Units | 257 ( 6.2%) |
| Median Home Value | $150,568 |
| Average Home Value | $190,882 |
Housing Distribution
Address Breakdown
Residential
4,132
Single Family
3,668
Multi-Family
464
Businesses
128
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