Global Investment Inc are very proud to announce the launch of Canton Ohio, not only is Canton a great city in Ohio but we are showcasing and unbelievable new product for our investors.
Global Investments have teamed up with one of the largest Developers in Ohio and will delivering fully refurbished single family homes in A + B neighbourhoods.
We have been working hard, we have also teamed up with one of largest Mortgage Agencies in the US to be able to provide mortgages for these incredible properties.
To qualify for the mortgage you only need to put down a 30% cash deposit if your are an Overseas Investor and only a 20% deposit if you are Domestic Investor, therefore the remaining 70% can be financed over the long term.
The 30% down payment will generate you on average a 20% return after paying back your mortgage and other running costs, this figure is even higher if you are a Domestic Buyer.
On average your deposit will be under $40,000 including all other fees and administration costs, I think its safe to say this is one of the most exciting products to enter the property market over the last few years.
Where else in the US can you buy a fully refurbished three bedroom property in A +B neighbours generating on average $1,300 rent per month and putting down less that $40,000 ? I dont think you will find anywhere else.
For those of you who dont know Canton it is a terrific City, Canton is the eight largest city in Ohio and is the largest municipality in the Canton–Massillon metropolitan area, which includes all of Stark and Carroll counties, and is home to 401,574 residents. Canton has an estimated 97% housing occupancy rate.
Canton is chiefly notable for being home to the Pro Football Hall of Fame, it’s where the game American Football originated and it also has a bustling economy. One household name we all know “Hoover” started in Canton and its also home to The Timken Company and the Mckinley National Memorial Park.
The City of Canton provides its residents with many benefits of big-city living while maintaining its charm as a medium-sized Midwestern town, that’s why investors are finding it so attractive, the cost of real estate is less than half the national average and demand for rentals is very high.
Canton, OH is seen as a seller’s market in November 2023, which means that there are more people looking to buy than there are homes available, that is why we think this is one of the best products you can buy, from the minute you buy the property demand is outstripping supply.
In November 2023, the median listing home price in Canton, OH was $149.9K, trending up 7.1% year-over-year. The median listing home price per square foot was $103. The median home sold price was $167K. We have managed to secure the majority of our properties for under $100,000 which means you also see instant equity from the minute you buy the property.
I know its a lot to take in but lets summarise, our new Canton properties come fully refurbished, generate on average $1,300 per month, are under market value, are in A + B neighbourhoods and you only have to put less than $40,000 down, Wow.
I hope you are as excited as we are, this product is exclusive to Global investments and launches in January 2024, this month we will be offering a few pre-launch properties for some of our regular investors.
Please register today for our launch in 2024 today as there will be limited availability and properties will be reserved on a first come first served basis.
