223 Harvard AveMansfieldOH44906
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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 223 Harvard Ave, Mansfield, OH, 44906 with 5% annual appreciation on a $237,000 basis while $2,020/mo rent supports operations. Total monthly income totals $2,020/mo and a $1,160/mo payment preserves $461/mo for cash returns. Annual cash flow comes to $5,533/yr on $78,566 deployed, and return on cash invested reaches 26.95% in year one. Equity gained on principal adds $1,529/yr, and five-year appreciation sums $65,479 alongside rental yield of 10.23%. Five-year ROI measures 141.19% and total cumulative return in cash totals $110,924.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,020/mo property income versus a $1,160/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1972
0.34 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
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