262 S Main StWest MansfieldOH43358
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Nearby investment properties with comparable prices
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 West Mansfield at 262 S Main St, West Mansfield, OH, 43358 priced at $234,900 pairs $2,015/mo rent with $470/mo cash flow after a $1,150/mo payment. Total monthly income equals $2,015/mo, and annual cash flow comes to $5,635/yr on $77,869 invested. Return on cash invested is 27.15% in year one, and rental yield stands at 10.29% on a $234,900 basis. Equity gained on principal adds $1,516/yr, and 5% annual appreciation accumulates to $64,899 by year five. Five-year ROI measures 142.19% and total cumulative return in cash reaches $110,721. For financing, Ziffy Mortgage’s DSCR program evaluates $2,015/mo property income against a $1,150/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43358, West Mansfield, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,036 (100%) |
| Owner Occupied HU | 820 (79.2%) |
| Renter Occupied HU | 154 (14.9%) |
| Vacant Housing Units | 62 ( 6.0%) |
| Median Home Value | $215,064 |
| Average Home Value | $253,613 |
Housing Distribution
Address Breakdown
Residential
902
Single Family
902
Multi-Family
0
Businesses
28
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Listed by: Dava D. Royer • Royer Realty LLC
Mls Name: WRIST
Mls ID: #1042388