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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Massillon at 1204 2nd St NE, Massillon, OH, 44646 listed at $248,000 pairs $1,440/mo rent with a $1,214/mo payment. Total monthly income runs $1,440/mo. Return on cash invested measures 17.11% in year one, and rental yield registers 6.97% at a $248,000 basis. Equity gained on principal adds $1,600/yr, and annual property appreciation at 5% supports $68,518 by year five. Five-year ROI tracks 88.39% and total cumulative return in cash totals $72,666. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,440/mo property income relative to a $1,214/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1983
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 44646, Massillon, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,274 (100%) |
| Owner Occupied HU | 13,696 (64.4%) |
| Renter Occupied HU | 6,349 (29.8%) |
| Vacant Housing Units | 1,229 ( 5.8%) |
| Median Home Value | $208,219 |
| Average Home Value | $243,538 |
Residential
20,674
Single Family
20,148
Multi-Family
526
Businesses
931
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Kara Kirkbride • Howard Hanna
Mls Name: MLS Now
Mls ID: #5162957
