378 Grace StMansfieldOH44905
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 378 Grace St, Mansfield, OH, 44905 offers $1,685/mo rent that, after a $646/mo payment, leaves $817/mo cash flow. Total monthly income is $1,685/mo, and annual cash flow is $9,802/yr on $43,758 cash. Return on cash invested measures 42.31% in year one, and rental yield stands at 15.32% at a $132,000 entry. Equity gained on principal adds $852/yr while 5% annual appreciation compounds into $36,469 by year five. Five-year ROI records 223.49% and total cumulative return in cash reaches $97,795. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,685/mo property income versus a $646/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1934
7,670 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44905, Mansfield, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,364 (100%) |
| Owner Occupied HU | 3,468 (64.7%) |
| Renter Occupied HU | 1,503 (28.0%) |
| Vacant Housing Units | 393 ( 7.3%) |
| Median Home Value | $131,436 |
| Average Home Value | $155,983 |
Housing Distribution
Address Breakdown
Residential
5,017
Single Family
4,879
Multi-Family
138
Businesses
343
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
