485 Grosvenor Ave NWMassillonOH44647
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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 485 Grosvenor Ave NW, Massillon, OH, 44647 with 5% annual appreciation on a $140,900 basis while $1,465/mo rent supports operations. Total monthly income totals $1,465/mo and a $690/mo payment preserves $538/mo for cash returns. Annual cash flow comes to $6,454/yr on $46,708 deployed, and return on cash invested reaches 33.73% in year one. Equity gained on principal adds $909/yr, and five-year appreciation sums $38,928 alongside rental yield of 12.48%. Five-year ROI measures 177.43% and total cumulative return in cash totals $82,877.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,465/mo property income versus a $690/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1952
6,272 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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