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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 616 Cline Ave APT 117, Mansfield, OH, 44907 offers a 8.55% rental yield on a $174,900 purchase with $1,246/mo rent. Total monthly income registers $1,246/mo, and a $856/mo payment leaves $96/mo available for distribution. Annual cash flow reaches $1,147/yr on $57,979 to close, and return on cash invested stands at 21.89% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,322 over five years. Portfolio math shows five-year ROI at 114% and total cumulative return in cash at $66,096. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,246/mo property income against a $856/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 44907, Mansfield, OH area.
| 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 |
Residential
7,298
Single Family
6,167
Multi-Family
1,131
Businesses
492
Date | Event | Price |
|---|---|---|
| 2025-03-26 | Listed for sale | $174,900 |
| 2018-04-10 | Sold | $69,500 |
| 2018-02-22 | Listed for sale | $69,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-27 | $905.12 | 77.38% | $28,430 | 59.72% |
| 2022-03-27 | $510.26 | -0.69% | $17,800 | N/A |
| 2021-03-27 | $513.82 | -2.21% | $17,800 | N/A |
Listed by: Cheryl Meier • Haring Realty, Inc.
Mls Name: MAR
Mls Provider:
Mls ID: #9066444
Disclaimer: Copyright Mansfield Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.
