1621 Byron Ave 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
Investment property for sale in Massillon at 1621 Byron Ave SW, Massillon, OH, 44647 offers a 9.41% rental yield on a $197,500 purchase with $1,549/mo rent. Total monthly income registers $1,549/mo, and a $967/mo payment leaves $250/mo available for distribution. Annual cash flow reaches $2,994/yr on $65,471 to close, and return on cash invested stands at 24.48% in year one. Equity gained on principal adds $1,274/yr while 5% annual appreciation supports $54,566 over five years. Portfolio math shows five-year ROI at 127.9% and total cumulative return in cash at $83,739. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,549/mo property income against a $967/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1929
6,011 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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