469 Davey Ave, Mansfield, OH, 44903 | $463/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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469 Davey Ave, Mansfield, OH, 44903 | $463/mo Cash Flow | Ziffy

Recently Sold

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Mansfield at 469 Davey Ave, Mansfield, OH, 44903 generates $1,447/mo in rent and, after a $732/mo payment, leaves $463/mo in cash flow. Total monthly income is $1,447/mo, and annual cash flow is $5,560/yr on $49,559 invested. Return on cash invested sits at 31.13% in year one, and rental yield is 11.61% on a $149,500 entry. Equity gained on principal adds $965/yr, while 5% annual appreciation builds toward $41,304 over five years. Five-year ROI reaches 163.57% and total cumulative return in cash sums $81,065. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,447/mo property income rather than buyer’s personal income.

Single Family

Built in 1940

9,450 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to a beautifully updated 3-bedroom, 1-bath home offering approximately 1,520 square feet of living space. Nestled on a deep lot with a detached garage, this home has been refreshed with all-new flooring throughout, fresh paint inside and out, new light fixtures, and an updated kitchen featuring new appliances. The brand-new central air system ensures year-round comfort, while the exterior shines with fresh landscaping that enhances the curb appeal. Inside, the inviting living spaces flow seamlessly into the modernized kitchen and three generously sized bedrooms. A bonus attic loft area with brand-new carpet offers the flexibility to be used as a fourth bedroom, office, or additional living space. The spacious backyard is ideal for entertaining or relaxing, and the detached garage provides secure parking and storage. This move-in ready home is perfect for anyone looking for a turnkey property with thoughtful upgrades.

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