215 Penn AveMansfieldOH44903
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 215 Penn Ave, Mansfield, OH, 44903 in Mansfield speaks for itself: 21.28% gross on a $100,000 price, generating $1,774/mo in rent and $1,116/mo in net income after the $450/mo debt service. DSCR 3.94, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $13,390 stacks alongside $27,628 in projected five-year appreciation and $921/yr in principal reduction. Projected total cumulative return: $109,913.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 21.3% | 9.2% |
| Monthly Cash Flow | $1,116 | $420 |
City averages based on Mansfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,774 |
| Total Monthly Debt Service | $618 |
| DSCR Ratio | 2.87x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices