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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Mansfield at 283 Reform St, Mansfield, OH, 44902 with 5% annual appreciation on a $144,900 basis while $1,004/mo rent supports operations. Total monthly income totals $1,004/mo and a $709/mo payment preserves $51/mo for cash returns. Annual cash flow comes to $613/yr on $48,034 deployed, and return on cash invested reaches 21.19% in year one. Equity gained on principal adds $935/yr, and five-year appreciation sums $40,033 alongside rental yield of 8.31%. Five-year ROI measures 110.3% and total cumulative return in cash totals $52,981.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,004/mo property income versus a $709/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1940
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 44902, Mansfield, OH area.
| 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 |
Residential
2,056
Single Family
1,864
Multi-Family
192
Businesses
442
Date | Event | Price |
|---|---|---|
| 2025-07-28 | Pending sale | $149,900 |
| 2025-07-25 | Sold | $144,900 |
| 2025-06-25 | Contingent | $149,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-03 | $1566.50 | 54.71% | $33,460 | 24.90% |
| 2022-11-03 | $1012.54 | -0.69% | $26,790 | N/A |
| 2021-11-03 | $1019.54 | -2.21% | $26,790 | N/A |
Listed by: Sandra Lawrence • Sluss Realty
Mls Name: MLS Now
Mls Provider:
Mls ID: #5133293
Disclaimer: The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS NOW. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Zillow, Inc. does not display the entire MLS NOW IDX database on this website. The listings of some real estate brokerage firms have been excluded. Information is deemed reliable but not guaranteed. Copyright 2025 - Multiple Listing Service, Inc. All Rights Reserved.
