689 S Main StWest MansfieldOH43358
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
Investment Highlights
Investment property for sale in West Mansfield at 689 S Main St, West Mansfield, OH, 43358 at $187,000 posts ROI 33.19% with $686/mo cash flow from $1,916/mo rent. Total monthly income equals $1,916/mo, and annual cash flow records $8,235/yr on $61,991 to close. Return on cash invested measures 33.19% and rental yield reads 12.3% at the current $187,000. Equity gained on principal adds $1,207/yr, and 5% annual appreciation supports $51,665 by year five. Five-year ROI prints 174.64% and total cumulative return in cash totals $108,258.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,916/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2010
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43358, West Mansfield, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,036 (100%) |
| Owner Occupied HU | 820 (79.2%) |
| Renter Occupied HU | 154 (14.9%) |
| Vacant Housing Units | 62 ( 6.0%) |
| Median Home Value | $215,064 |
| Average Home Value | $253,613 |
Housing Distribution
Address Breakdown
Residential
902
Single Family
902
Multi-Family
0
Businesses
28
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Nearby investment properties with comparable prices
Listed by: Katie Crocco • Michel Realty RE/MAX Winners
Mls Name: WRIST
Mls Provider:
Mls ID: #1040910
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.