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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% |
Rental property for sale in Massillon at 341 Commonwealth Ave NE, Massillon, OH, 44646 offers $1,440/mo rent that, after a $631/mo payment, leaves $592/mo cash flow. Total monthly income is $1,440/mo, and annual cash flow is $7,102/yr on $42,764 cash. Return on cash invested measures 36.52% in year one, and rental yield stands at 13.4% at a $129,000 entry. Equity gained on principal adds $832/yr while 5% annual appreciation compounds into $35,640 by year five. Five-year ROI records 192.42% and total cumulative return in cash reaches $82,285. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,440/mo property income versus a $631/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1918
6,499 sqft 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 |
|---|---|---|
| 2024-10-07 | Listed for sale | $129,000 |
| 2009-09-30 | Sold | $73,000 |
| 2003-10-31 | Sold | $75,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $1506.34 | -0.21% | $29,440 | N/A |
| 2022-10-15 | $1509.48 | -1.59% | $29,440 | N/A |
| 2021-10-15 | $1533.94 | 8.52% | $29,440 | 13.01% |
Listed by: Jeremy Knowles • Cutler Real Estate
Mls Name: MLS Now
Mls Provider:
Mls ID: #5075065
Disclaimer: The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS NOW. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Zillow, Inc. does not display the entire MLS NOW IDX database on this website. The listings of some real estate brokerage firms have been excluded. Information is deemed reliable but not guaranteed. Copyright 2024 - Multiple Listing Service, Inc. All Rights Reserved.
