311 Auburn StMansfieldOH44902
Nearby investment properties with comparable rents
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 Mansfield at 311 Auburn St, Mansfield, OH, 44902 priced at $132,000 converts $1,200/mo rent into $332/mo cash flow after a $646/mo obligation. Total monthly income equals $1,200/mo, and annual cash flow totals $3,982/yr on $43,758 invested. Return on cash invested prints 29.01% in year one, and rental yield reads 10.91% against a $132,000 entry. Equity gained on principal adds $852/yr, while 5% annual appreciation compiles into $36,469 by year five. Five-year ROI reaches 152.13% and total cumulative return in cash sums $66,571. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,200/mo property income covering a $646/mo payment, not borrower’s personal income.
Single Family
Built in 1930
4,791 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices