1008 Burger AveMansfieldOH44906
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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
Rental property for sale in Mansfield at 1008 Burger Ave, Mansfield, OH, 44906 priced at $148,450 converts $1,522/mo rent into $545/mo cash flow after a $727/mo obligation. Total monthly income equals $1,522/mo, and annual cash flow totals $6,541/yr on $49,211 invested. Return on cash invested prints 33.2% in year one, and rental yield reads 12.3% against a $148,450 entry. Equity gained on principal adds $958/yr, while 5% annual appreciation compiles into $41,014 by year five. Five-year ROI reaches 174.71% and total cumulative return in cash sums $85,979. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,522/mo property income covering a $727/mo payment, not borrower’s personal income.
Single Family
Built in 1940
6,751 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44906, Mansfield, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,368 (100%) |
| Owner Occupied HU | 5,025 (60.1%) |
| Renter Occupied HU | 2,690 (32.1%) |
| Vacant Housing Units | 653 ( 7.8%) |
| Median Home Value | $156,563 |
| Average Home Value | $195,303 |
Housing Distribution
Address Breakdown
Residential
8,026
Single Family
7,185
Multi-Family
841
Businesses
874
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