215 Penn AveMansfieldOH44903
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 215 Penn Ave, Mansfield, OH, 44903 priced at $100,000 pairs $1,774/mo rent with $1,117/mo cash flow after a $489/mo payment. Total monthly income equals $1,774/mo, and annual cash flow comes to $13,400/yr on $33,150 invested. Return on cash invested is 60.33% in year one, and rental yield stands at 21.29% on a $100,000 basis. Equity gained on principal adds $645/yr, and 5% annual appreciation accumulates to $27,628 by year five. Five-year ROI measures 320.16% and total cumulative return in cash reaches $106,132. For financing, Ziffy Mortgage’s DSCR program evaluates $1,774/mo property income against a $489/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1940
3,582 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
10,677
Single Family
10,118
Multi-Family
559
Businesses
398
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