485 Townview Cir EMansfieldOH44907
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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 485 Townview Cir E, Mansfield, OH, 44907 uses $36,465 cash to close to unlock $1,654/yr annual cash flow and $138/mo monthly cash flow. Total monthly income runs $861/mo, and a $538/mo payment keeps the spread at $138/mo. Purchase price stands at $110,000, and rental yield measures 9.39% with $861/mo rent. Return on cash invested shows 24.45% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 127.68% and total cumulative return in cash records $46,560. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $861/mo property income covering a $538/mo payment rather than investor’s personal income.
Single Family
Built in 1936
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44907, Mansfield, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,338 (100%) |
| Owner Occupied HU | 3,879 (52.9%) |
| Renter Occupied HU | 3,007 (41.0%) |
| Vacant Housing Units | 452 ( 6.2%) |
| Median Home Value | $158,424 |
| Average Home Value | $179,774 |
Housing Distribution
Address Breakdown
Residential
7,298
Single Family
6,167
Multi-Family
1,131
Businesses
492
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