324 Chestnut Ave NEMassillonOH44646
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 324 Chestnut Ave NE, Massillon, OH, 44646 at $190,000 posts ROI 21.93% with $106/mo cash flow from $1,356/mo rent. Total monthly income equals $1,356/mo, and annual cash flow records $1,274/yr on $62,985 to close. Return on cash invested measures 21.93% and rental yield reads 8.56% at the current $190,000. Equity gained on principal adds $1,226/yr, and 5% annual appreciation supports $52,494 by year five. Five-year ROI prints 114.26% and total cumulative return in cash totals $71,964.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,356/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1926
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44646, Massillon, OH area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
20,674
Single Family
20,148
Multi-Family
526
Businesses
931
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Nearby investment properties with comparable prices
Listed by: Luke Schmidt • Berkshire Hathaway HomeServices Professional Realty
Mls Name: MLS Now
Mls Provider:
Mls ID: #5116206
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