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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Mansfield at 579 Sloane Ave, Mansfield, OH, 44903 uses $56,322 cash to close to unlock $6,540/yr annual cash flow and $545/mo monthly cash flow. Total monthly income runs $1,663/mo, and a $832/mo payment keeps the spread at $545/mo. Purchase price stands at $169,900, and rental yield measures 11.75% with $1,663/mo rent. Return on cash invested shows 31.52% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 165.59% and total cumulative return in cash records $93,266. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,663/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in 1927
0.39 Acres 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 |
|---|---|---|
| 2024-10-28 | Price change | $169,900 |
| 2024-10-16 | Pending sale | $179,900 |
| 2024-09-25 | Sold | $90,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2022-11-20 | $1770.04 | -0.69% | $31,680 | N/A |
| 2021-11-20 | $1782.36 | -2.21% | $31,680 | N/A |
| 2020-11-20 | $1822.56 | -9.77% | $31,680 | N/A |
Listed by: Jessica Damron • Dream Huge Realty
Mls Name: MAR
Mls Provider:
Mls ID: #9061817
Disclaimer: Copyright Mansfield Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.
