








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Mansfield at 231 Spring St, Mansfield, MA, 02048 priced at $499,900 converts $2,995/mo rent into after a $2,447/mo obligation. Total monthly income equals $2,995/mo. Return on cash invested prints 18.78% in year one, and rental yield reads 7.19% against a $499,900 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation compiles into $138,113 by year five. Five-year ROI reaches 96.92% and total cumulative return in cash sums $160,620. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,995/mo property income covering a $2,447/mo payment, not borrower’s personal income.
Single Family
Built in 1890
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 02048, Mansfield, MA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,558 (100%) |
| Owner Occupied HU | 6,531 (68.3%) |
| Renter Occupied HU | 2,766 (28.9%) |
| Vacant Housing Units | 261 ( 2.7%) |
| Median Home Value | $637,817 |
| Average Home Value | $653,835 |
Residential
9,193
Single Family
8,299
Multi-Family
894
Businesses
792
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Jeffrey Wagner • Coldwell Banker Realty - Easton
Mls Name: MLS PIN
Mls ID: #73446464