116 W 2nd StMansfieldOH44902
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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 116 W 2nd St, Mansfield, OH, 44902 priced at $168,900 pairs $1,886/mo rent with $775/mo cash flow after a $827/mo payment. Total monthly income equals $1,886/mo, and annual cash flow comes to $9,296/yr on $55,990 invested. Return on cash invested is 36.51% in year one, and rental yield stands at 13.4% on a $168,900 basis. Equity gained on principal adds $1,090/yr, and 5% annual appreciation accumulates to $46,664 by year five. Five-year ROI measures 192.4% and total cumulative return in cash reaches $107,724. For financing, Ziffy Mortgage’s DSCR program evaluates $1,886/mo property income against a $827/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
8,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44902, Mansfield, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,489 (100%) |
| Owner Occupied HU | 749 (30.1%) |
| Renter Occupied HU | 1,347 (54.1%) |
| Vacant Housing Units | 393 (15.8%) |
| Median Home Value | $69,909 |
| Average Home Value | $170,364 |
Housing Distribution
Address Breakdown
Residential
2,056
Single Family
1,864
Multi-Family
192
Businesses
442
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