1176 Devonwood Rd, Mansfield, OH, 44907 | $1,009/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1176 Devonwood Rd, Mansfield, OH, 44907 | $1,009/mo Cash Flow | Ziffy

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Mansfield at 1176 Devonwood Rd, Mansfield, OH, 44907 priced at $275,000 converts $2,818/mo rent into $1,009/mo cash flow after a $1,346/mo obligation. Total monthly income equals $2,818/mo, and annual cash flow totals $12,109/yr on $91,163 invested. Return on cash invested prints 33.19% in year one, and rental yield reads 12.3% against a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation compiles into $75,977 by year five. Five-year ROI reaches 174.64% and total cumulative return in cash sums $159,203. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,818/mo property income covering a $1,346/mo payment, not borrower’s personal income.

Single Family

Built in 1969

0.44 Acres lot

$N/A/sqft

No HOA

More details about the property

Wow! This stunning 2-story Colonial home with 2,710 sq ft, 4 bedrooms, 3.5 baths, and a huge privacy-fenced backyard has room for everyone! All the bedrooms are super spacious, and the primary bedroom boasts its own private full bath. The beautiful eat-in kitchen is well equipped with stainless steel appliances, a nice breakfast bar, and lovely hardwood floors. You'll appreciate the convenience of a main floor laundry room washer and dryer included. The bright family room features a floor-to-ceiling brick fireplace and beamed ceilings, plus there's an office with French doors that lead to the rear patio. Schedule your showing today to see all this home has to offer!

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