1103 Walker Lake RdMansfieldOH44906
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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 1103 Walker Lake Rd, Mansfield, OH, 44906 priced at $139,000 pairs $1,212/mo rent with $298/mo cash flow after a $680/mo payment. Total monthly income equals $1,212/mo, and annual cash flow comes to $3,576/yr on $46,079 invested. Return on cash invested is 27.67% in year one, and rental yield stands at 10.46% on a $139,000 basis. Equity gained on principal adds $897/yr, and 5% annual appreciation accumulates to $38,403 by year five. Five-year ROI measures 145.07% and total cumulative return in cash reaches $66,848. For financing, Ziffy Mortgage’s DSCR program evaluates $1,212/mo property income against a $680/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1964
402 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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