1650 Park Ave WMansfieldOH44906
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1650 Park Ave W, Mansfield, OH, 44906 priced at $199,500 converts $1,386/mo rent into $74/mo cash flow after a $976/mo obligation. Total monthly income equals $1,386/mo, and annual cash flow totals $890/yr on $66,134 invested. Return on cash invested prints 21.25% in year one, and rental yield reads 8.34% against a $199,500 entry. Equity gained on principal adds $1,287/yr, while 5% annual appreciation compiles into $55,118 by year five. Five-year ROI reaches 110.64% and total cumulative return in cash sums $73,171. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,386/mo property income covering a $976/mo payment, not borrower’s personal income.
Single Family
Built in 1950
0.44 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
