1582 Lakefront Dr, Mansfield, OH, 44905 | 7.72% Rental Yield

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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

Total monthly income runs $2,780/mo, and a $2,114/mo payment. Purchase price stands at $432,000, and rental yield measures 7.72% with $2,780/mo rent. Return on cash invested shows 19.4% in year one, and 5% annual appreciation builds toward $119,354 over five years. Five-year ROI reaches 100.59% and total cumulative return in cash records $144,055. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,780/mo property income covering a $2,114/mo payment rather than investor’s personal income.

Single Family

Built in 2022

1.02 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 44905, Mansfield, OH area.

Housing Distribution

Housing Statistics

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