587 Walnut Dr NMansfieldOH44904
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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
Rental property for sale in Mansfield at 587 Walnut Dr N, Mansfield, OH, 44904 priced at $259,500 pairs $2,194/mo rent with $487/mo cash flow after a $1,270/mo payment. Total monthly income equals $2,194/mo, and annual cash flow comes to $5,846/yr on $86,024 invested. Return on cash invested is 26.7% in year one, and rental yield stands at 10.15% on a $259,500 basis. Equity gained on principal adds $1,675/yr, and 5% annual appreciation accumulates to $71,695 by year five. Five-year ROI measures 139.85% and total cumulative return in cash reaches $120,305. For financing, Ziffy Mortgage’s DSCR program evaluates $2,194/mo property income against a $1,270/mo payment instead of your W2s, 1099s, or Tax returns.
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
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