1740 Emerson Dr, Mansfield, OH, 44904 | $224/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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1740 Emerson Dr, Mansfield, OH, 44904 | $224/mo Cash Flow | Ziffy

For Sale

Fix & Flip

Listed for sale 6 days ago

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 1740 Emerson Dr, Mansfield, OH, 44904 with 5% annual appreciation on a $184,900 basis while $1,440/mo rent supports operations. Total monthly income totals $1,440/mo and a $905/mo payment preserves $224/mo for cash returns. Annual cash flow comes to $2,685/yr on $61,294 deployed, and return on cash invested reaches 24.29% in year one. Equity gained on principal adds $1,193/yr, and five-year appreciation sums $51,084 alongside rental yield of 9.35%. Five-year ROI measures 126.86% and total cumulative return in cash totals $77,755.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,440/mo property income versus a $905/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1960

0.62 Acres lot

$N/A/sqft

No HOA

More details about the property

Located in the Lexington school district, the exterior of the home showcases the durability of an all brick ranch. With 3 bedrooms, all featuring hardwood floors, and 2 full baths plus a wood-burning stove to take the chill off. The Recreation Room is a fantastic place to entertain friends and family, you can even play a game of pool. You have ample storage space, plus a built-in bar and a full bath in the lower level. You will be the envy of the neighborhood as you leisurely spend time relaxing by the in-ground swimming pool with a new liner installed 3 years ago. The large backyard has a shed for all your outdoor equipment. Bring your design skills and update this home to make it your own. The property is being Sold As-is, estate will make no repairs.

Neighborhood Data

Neighborhood data shown for ZIP Code: 44904, Mansfield, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,799 (100%)
Owner Occupied HU	4,747 (69.8%)
Renter Occupied HU	1,756 (25.8%)
Vacant Housing Units	296 ( 4.4%)
Median Home Value	$224,168
Average Home Value	$241,427