








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Mansfield at 487 Davey Ave, Mansfield, OH, 44903 offers $1,016/mo rent that, after a $650/mo payment, leaves $142/mo cash flow. Total monthly income is $1,016/mo, and annual cash flow is $1,707/yr on $44,056 cash. Return on cash invested measures 23.78% in year one, and rental yield stands at 9.17% at a $132,900 entry. Equity gained on principal adds $858/yr while 5% annual appreciation compounds into $36,718 by year five. Five-year ROI records 124.21% and total cumulative return in cash reaches $54,721. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,016/mo property income versus a $650/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1938
8,440 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 44903, Mansfield, OH area.
| 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 |
Residential
10,677
Single Family
10,118
Multi-Family
559
Businesses
398
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Annette Depue • Haring Realty, Inc.
Mls Name: MAR
Mls ID: #9070158