Price Does Not Include Lot #QC47DLMassillonOH44647
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 Price Does Not Include Lot #QC47DL, Massillon, OH, 44647 offers $3,456/mo rent that, after a $2,235/mo payment, leaves $452/mo cash flow. Total monthly income is $3,456/mo, and annual cash flow is $5,429/yr on $151,363 cash. Return on cash invested measures 23.5% in year one, and rental yield stands at 9.08% at a $456,600 entry. Equity gained on principal adds $2,946/yr while 5% annual appreciation compounds into $126,150 by year five. Five-year ROI records 122.6% and total cumulative return in cash reaches $185,570. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,456/mo property income versus a $2,235/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices