3108 Hemlock PlMansfieldOH44903
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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 3108 Hemlock Pl, Mansfield, OH, 44903 generates $900/mo in rent, after a $1,811/mo payment. Total monthly income is $900/mo. Return on cash invested sits at 4.9% in year one, and rental yield is 2.92% on a $369,999 entry. Equity gained on principal adds $2,388/yr, while 5% annual appreciation builds toward $102,224 over five years. Five-year ROI reaches 22.91% and total cumulative return in cash sums $28,097. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $900/mo property income rather than buyer’s personal income.
Single Family
Built in 1996
7,405 sqft 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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Listed by: Nicole R Yoder-Barnhart • Howard Hanna Real Estate Svcs
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224019483
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.