631 Walnut Rd SWMassillonOH44647
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
Rental property for sale in Massillon at 631 Walnut Rd SW, Massillon, OH, 44647 priced at $127,900 pairs $1,194/mo rent with $353/mo cash flow after a $626/mo payment. Total monthly income equals $1,194/mo, and annual cash flow comes to $4,232/yr on $42,399 invested. Return on cash invested is 29.89% in year one, and rental yield stands at 11.2% on a $127,900 basis. Equity gained on principal adds $825/yr, and 5% annual appreciation accumulates to $35,336 by year five. Five-year ROI measures 156.92% and total cumulative return in cash reaches $66,531. For financing, Ziffy Mortgage’s DSCR program evaluates $1,194/mo property income against a $626/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1919
3,680 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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