1612 Royal Oak DrMansfieldOH44906
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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 1612 Royal Oak Dr, Mansfield, OH, 44906 offers $4,256/mo rent that, after a $2,736/mo payment, leaves $579/mo cash flow. Total monthly income is $4,256/mo, and annual cash flow is $6,948/yr on $183,911 cash. Return on cash invested measures 23.84% in year one, and rental yield stands at 9.14% at a $559,000 entry. Equity gained on principal adds $3,607/yr while 5% annual appreciation compounds into $154,441 by year five. Five-year ROI records 124.42% and total cumulative return in cash reaches $228,819. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,256/mo property income versus a $2,736/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1982
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44906, Mansfield, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,368 (100%) |
| Owner Occupied HU | 5,025 (60.1%) |
| Renter Occupied HU | 2,690 (32.1%) |
| Vacant Housing Units | 653 ( 7.8%) |
| Median Home Value | $156,563 |
| Average Home Value | $195,303 |
Housing Distribution
Address Breakdown
Residential
8,026
Single Family
7,185
Multi-Family
841
Businesses
874
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