1038 Burkwood RdMansfieldOH44907
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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 1038 Burkwood Rd, Mansfield, OH, 44907 generates $1,856/mo in rent and, after a $1,223/mo payment, leaves $212/mo in cash flow. Total monthly income is $1,856/mo, and annual cash flow is $2,548/yr on $82,842 invested. Return on cash invested sits at 22.98% in year one, and rental yield is 8.91% on a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 119.88% and total cumulative return in cash sums $99,314. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,856/mo property income rather than buyer’s personal income.
Single Family
Built in 1961
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44907, Mansfield, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,338 (100%) |
| Owner Occupied HU | 3,879 (52.9%) |
| Renter Occupied HU | 3,007 (41.0%) |
| Vacant Housing Units | 452 ( 6.2%) |
| Median Home Value | $158,424 |
| Average Home Value | $179,774 |
Housing Distribution
Address Breakdown
Residential
7,298
Single Family
6,167
Multi-Family
1,131
Businesses
492
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