1244 Patriot Pl SWMassillonOH44647
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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
Rental property for sale in Massillon at 1244 Patriot Pl SW, Massillon, OH, 44647 generates $1,020/mo in rent, after a $1,512/mo payment. Total monthly income is $1,020/mo. Return on cash invested sits at 8.05% in year one, and rental yield is 3.96% on a $308,900 entry. Equity gained on principal adds $1,993/yr, while 5% annual appreciation builds toward $85,343 over five years. Five-year ROI reaches 39.81% and total cumulative return in cash sums $40,762. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,020/mo property income rather than buyer’s personal income.
Single Family
Built in 2026
5,445 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44647, Massillon, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,424 (100%) |
| Owner Occupied HU | 6,168 (73.2%) |
| Renter Occupied HU | 1,768 (21.0%) |
| Vacant Housing Units | 488 ( 5.8%) |
| Median Home Value | $172,766 |
| Average Home Value | $209,811 |
Housing Distribution
Address Breakdown
Residential
8,092
Single Family
7,995
Multi-Family
97
Businesses
324
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