








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Mansfield at 1140 5th Ave, Mansfield, OH, 44905 listed at $120,000 pairs $1,037/mo rent with a $587/mo payment to leave $248/mo cash flow. Total monthly income runs $1,037/mo, and annual cash flow reaches $2,976/yr on $39,780 cash to close. Return on cash invested measures 27.39% in year one, and rental yield registers 10.37% at a $120,000 basis. Equity gained on principal adds $774/yr, and annual property appreciation at 5% supports $33,154 by year five. Five-year ROI tracks 143.46% and total cumulative return in cash totals $57,067. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,037/mo property income relative to a $587/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1949
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 44905, Mansfield, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,364 (100%) |
| Owner Occupied HU | 3,468 (64.7%) |
| Renter Occupied HU | 1,503 (28.0%) |
| Vacant Housing Units | 393 ( 7.3%) |
| Median Home Value | $131,436 |
| Average Home Value | $155,983 |
Residential
5,017
Single Family
4,879
Multi-Family
138
Businesses
343
Date | Event | Price |
|---|---|---|
| 2025-09-22 | Listed for sale | $120,000 |
| 2025-09-08 | Listing removed | $120,000 |
| 2025-08-14 | Price change | $120,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-24 | $1027.88 | 164.14% | $18,680 | 28.83% |
| 2022-09-24 | $389.14 | -0.58% | $14,500 | N/A |
| 2021-09-24 | $391.42 | -1.83% | $14,500 | N/A |



Listed by: Megan Holland • Keller Williams Legacy Group Realty
Mls Name: Ashland BOR
Mls ID: #229512
Disclaimer: Copyright Ashland Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.