453 E Mansfield StNew WashingtonOH44854
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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 New Washington at 453 E Mansfield St, New Washington, OH, 44854 priced at $184,500 converts $0/mo rent into after a $903/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -3.9% in year one, and rental yield reads 0% against a $184,500 entry. Equity gained on principal adds $1,191/yr, while 5% annual appreciation compiles into $50,974 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $903/mo payment, not borrower’s personal income.
Single Family
Built in 1920
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44854, New Washington, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 739 (100%) |
| Owner Occupied HU | 570 (77.1%) |
| Renter Occupied HU | 125 (16.9%) |
| Vacant Housing Units | 44 ( 6.0%) |
| Median Home Value | $145,703 |
| Average Home Value | $181,820 |
Housing Distribution
Address Breakdown
Residential
639
Single Family
639
Multi-Family
0
Businesses
46
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No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Deanna Fishbaugh • Sluss Realty Company
Mls Name: Firelands MLS
Mls ID: #20260328