220 Rhein AveMansfieldOH44903
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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
Investment property for sale in Mansfield at 220 Rhein Ave, Mansfield, OH, 44903 offers a 10.42% rental yield on a $136,900 purchase with $1,189/mo rent. Total monthly income registers $1,189/mo, and a $670/mo payment leaves $289/mo available for distribution. Annual cash flow reaches $3,463/yr on $45,382 to close, and return on cash invested stands at 27.54% in year one. Equity gained on principal adds $883/yr while 5% annual appreciation supports $37,823 over five years. Portfolio math shows five-year ROI at 144.31% and total cumulative return in cash at $65,493. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,189/mo property income against a $670/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
5,590 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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