587 Walnut Dr NMansfieldOH44904
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who value predictability will appreciate 587 Walnut Dr N, Mansfield, OH, 44904 in Mansfield. At $259,500 it earns $2,194/mo in rent and distributes $487/mo to the owner after the $1,167/mo payment, a consistent 10.14% yield. DSCR 1.88 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $71,695 in value; $2,390/yr in principal paydown compounds ownership stake. Total projected return: $130,225.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 9.2% |
| Monthly Cash Flow | $487 | $420 |
City averages based on Mansfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,194 |
| Total Monthly Debt Service | $1,604 |
| DSCR Ratio | 1.37x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1960
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44904, Mansfield, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,799 (100%) |
| Owner Occupied HU | 4,747 (69.8%) |
| Renter Occupied HU | 1,756 (25.8%) |
| Vacant Housing Units | 296 ( 4.4%) |
| Median Home Value | $224,168 |
| Average Home Value | $241,427 |
Housing Distribution
Address Breakdown
Residential
6,392
Single Family
5,812
Multi-Family
580
Businesses
277
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1960
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44904, Mansfield, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,799 (100%) |
| Owner Occupied HU | 4,747 (69.8%) |
| Renter Occupied HU | 1,756 (25.8%) |
| Vacant Housing Units | 296 ( 4.4%) |
| Median Home Value | $224,168 |
| Average Home Value | $241,427 |
Housing Distribution
Address Breakdown
Residential
6,392
Single Family
5,812
Multi-Family
580
Businesses
277
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices