240 Poplar StMansfieldOH44903
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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
Rental property for sale in Mansfield at 240 Poplar St, Mansfield, OH, 44903 priced at $125,000 converts $1,121/mo rent into $299/mo cash flow after a $612/mo obligation. Total monthly income equals $1,121/mo, and annual cash flow totals $3,583/yr on $41,438 invested. Return on cash invested prints 28.56% in year one, and rental yield reads 10.76% against a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation compiles into $34,535 by year five. Five-year ROI reaches 149.76% and total cumulative return in cash sums $62,057. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,121/mo property income covering a $612/mo payment, not borrower’s personal income.
Single Family
Built in 1930
N/A 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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