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Property Sales - 41699381 - House in USA, Ohio, Stark County, Canton

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Three bedroom house

Property Information

Type:
Property ID:
Location :
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House
41699381
Canton, USA
04 Dec 2023
£ 84,837 / € 96,915 / $ 99,900

Short Description

This three bedroom is amazing value at $99,900..

Key Information

  • Property ID: 41699381
  • Location: Canton
  • Property Type: House
  • Prices: £ 84,837 / € 96,915 / $ 99,900

Full Description

This fantastic large three bedroom single family home is located in Whittier Park which is just 1.3
miles from the centre of Downtown Canton and is a B Neighbourhood.
The property has three bedrooms, one bathroom, a full basement, a large rear garden and a
detached garage. The property has just been completely refurbished throughout and will be
supplied by the seller with tenants in place paying $1,300 in rent each month. The house is under
management with a great local property management company.
The Whittier Park neighbourhood is a small community on Canton’s south side, adjacent to the
intersection of Interstate 77 and U.S. Route 62. Local shops, restaurants and pubs dot the
neighbourhood. Residents work at nearby industrial sites, including TimkenSteel, which is within
walking distance of Whittier Park’s homes and remains one of Canton’s largest employers. Whittier
Park is just minutes away from the Downtown Canton Arts and Entertainment District, the Country
Fair and Canton Centre shopping districts. The house is very well located.

Investment Calculations
Purchase price
$99,900
Gross annual rental income:
$15,600
Property running costs:(Tax, insurance and management costs)
$9,480
Net annual rental income:
$6,120
Investment calculation - Net Income divided by Purchase price = NET ROI.

Return of investment

19%

Break even in

5.26 Years

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  • House
  • 3 bedrooms
  • USA
  • Canton
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