434 Michigan AveMansfieldOH44905
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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
Investment property for sale in Mansfield at 434 Michigan Ave, Mansfield, OH, 44905 uses $43,874 cash to close to unlock $5,055/yr annual cash flow and $421/mo monthly cash flow. Total monthly income runs $1,292/mo, and a $648/mo payment keeps the spread at $421/mo. Purchase price stands at $132,350, and rental yield measures 11.71% with $1,292/mo rent. Return on cash invested shows 31.43% in year one, and 5% annual appreciation builds toward $36,566 over five years. Five-year ROI reaches 165.22% and total cumulative return in cash records $72,489. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,292/mo property income covering a $648/mo payment rather than investor’s personal income.
Single Family
Built in 1950
6,534 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
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