1270 Norwood RdMansfieldTN38236
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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 1270 Norwood Rd, Mansfield, TN, 38236 generates $1,411/mo in rent, after a $1,199/mo payment. Total monthly income is $1,411/mo. Return on cash invested sits at 19.09% in year one, and rental yield is 6.91% on a $245,000 entry. Equity gained on principal adds $1,581/yr, while 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 98.18% and total cumulative return in cash sums $79,740. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,411/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
3.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38236, Mansfield, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 328 (100%) |
| Owner Occupied HU | 245 (74.7%) |
| Renter Occupied HU | 41 (12.5%) |
| Vacant Housing Units | 42 (12.8%) |
| Median Home Value | $206,250 |
| Average Home Value | $248,918 |
Housing Distribution
Address Breakdown
Residential
277
Single Family
277
Multi-Family
0
Businesses
1
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