1320 Wolford Rd, Mansfield, OH, 44903 | $247/mo Cash Flow

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1320 Wolford Rd, Mansfield, OH, 44903 | $247/mo Cash Flow | Ziffy

For Sale

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

Investment property for sale in Mansfield at 1320 Wolford Rd, Mansfield, OH, 44903 with 5% annual appreciation on a $195,000 basis while $1,529/mo rent supports operations. Total monthly income totals $1,529/mo and a $954/mo payment preserves $247/mo for cash returns. Annual cash flow comes to $2,961/yr on $64,643 deployed, and return on cash invested reaches 24.49% in year one. Equity gained on principal adds $1,258/yr, and five-year appreciation sums $53,875 alongside rental yield of 9.41%. Five-year ROI measures 127.94% and total cumulative return in cash totals $82,702.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,529/mo property income versus a $954/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1979

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to this delightful 4-bedroom ranch in Madison, perfectly situated on nearly an acre across two parcels of land. The fully equipped kitchen flows into a spacious dining room, ideal for gatherings. The inviting living room features a cozy fireplace and pellet stove, offering warmth and charm throughout the seasons. Step outside to enjoy the covered patio, accessible through sliding doors from the attached 2-car garage. On the second parcel, you'll find a large detached garage, providing abundant space for storage or projects. Recent updates include a new concrete driveway and overflow pipes, adding functionality and peace of mind. This home combines comfort, practicality, and plenty of room to enjoy both indoors and out!

Neighborhood Data

Neighborhood data shown for ZIP Code: 44903, Mansfield, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	11,404 (100%)
Owner Occupied HU	6,968 (61.1%)
Renter Occupied HU	3,431 (30.1%)
Vacant Housing Units	1,005 ( 8.8%)
Median Home Value	$196,246
Average Home Value	$220,971