3130 Lincoln Way WMassillonOH44647
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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 3130 Lincoln Way W, Massillon, OH, 44647 generates $1,194/mo in rent and, after a $709/mo payment, leaves $241/mo in cash flow. Total monthly income is $1,194/mo, and annual cash flow is $2,893/yr on $48,034 invested. Return on cash invested sits at 25.93% in year one, and rental yield is 9.89% on a $144,900 entry. Equity gained on principal adds $935/yr, while 5% annual appreciation builds toward $40,033 over five years. Five-year ROI reaches 135.75% and total cumulative return in cash sums $65,209. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,194/mo property income rather than buyer’s personal income.
Single Family
Built in 1947
0.26 Acres 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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