248 Hedges StMansfieldOH44902
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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 248 Hedges St, Mansfield, OH, 44902 offers $1,202/mo rent that, after a $974/mo payment. Total monthly income is $1,202/mo. Return on cash invested measures 17.96% in year one, and rental yield stands at 7.25% at a $199,000 entry. Equity gained on principal adds $1,284/yr while 5% annual appreciation compounds into $54,980 by year five. Five-year ROI records 93% and total cumulative return in cash reaches $61,350. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,202/mo property income versus a $974/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1930
9,801 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44902, Mansfield, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,489 (100%) |
| Owner Occupied HU | 749 (30.1%) |
| Renter Occupied HU | 1,347 (54.1%) |
| Vacant Housing Units | 393 (15.8%) |
| Median Home Value | $69,909 |
| Average Home Value | $170,364 |
Housing Distribution
Address Breakdown
Residential
2,056
Single Family
1,864
Multi-Family
192
Businesses
442
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