2111 Avalon Ave NE

Canton, OH 44705
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3 bd, 2 ba | 1,692 sqft | Built in 1920

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List Price
$80,000

Initial Investment

$21,800

Purchase Price

$80,000

Down Payment

25%

Rent

$2,070

Total Return

$76,580

Annualized Return

56.1%

Cap Rate

20.1%

Gross Yield

31.1%

Cash Flow

$10,295

Appreciation

4.9%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

5,400

HOA

None

Flood Risk

Not Required

Discover a delightful opportunity in Canton with this charming residence, perfect for both homeowners and investors! Fresh on the market, this home offers a versatile living arrangement across three cozy bedrooms and two well-appointed bathrooms.
This property previously functioned as a duplex and whispers potential for transformation, presenting a unique chance to reimagine its spacious layout. The current setup includes a reliable, long-term tenant contributing a stable rental income of $1,000.00 a month, making this an especially attractive investment.
The interior invites you with ample room to decorate and design according to your tastes. Whether you are envisioning a family home or looking to restore its duplex glory, the possibilities stretch as wide as your imagination. The additional 0.12-acre lot included with the property grants extra space for expansion or perhaps a lovely garden to enhance its curb appeal.
Location is key, and this home situates you conveniently near essential amenities and local gems.
Whether you’re a seasoned investor seeking a property with a solid tenant and income, or a home buyer eager to craft your dream space, this house is ready to welcome you. Dive into the potential and make this your next wise move or peaceful abode!

See more in Analysis
Alex Johnson
Real Estate Quest, LLC
OH Agent License #2007002717

Annual Financial Highlights

Expected Rent

$23,598

Expenses

-$7,504

Property Taxes

-$1,450

Loan Payments

-$4,349

Net Cash Flow

$10,295

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Brianna Oliver
Agent License 2022006185
Hayes Realty
Certified Agent Brokerage:Alex Johnson
Real Estate Quest, LLC
OH Brokerage License 2004018595
SourceMLS Now
MLS #5102796
Last Updated: 02/26/2025 22:02
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