4540 Evangel Ave NW, Massillon, OH, 44647 | 7.66% Rental Yield

Off market

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $1,526/mo, and a $1,171/mo payment. Purchase price stands at $239,200, and rental yield measures 7.66% with $1,526/mo rent. Return on cash invested shows 19.19% in year one, and 5% annual appreciation builds toward $66,087 over five years. Five-year ROI reaches 99.52% and total cumulative return in cash records $78,915. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,526/mo property income covering a $1,171/mo payment rather than investor’s personal income.

Multi Family

Built in 2002

0.33 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