831 S Main StMansfieldOH44907
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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 831 S Main St, Mansfield, OH, 44907 priced at $138,500 converts $1,087/mo rent into $176/mo cash flow after a $678/mo obligation. Total monthly income equals $1,087/mo, and annual cash flow totals $2,110/yr on $45,913 invested. Return on cash invested prints 24.51% in year one, and rental yield reads 9.42% against a $138,500 entry. Equity gained on principal adds $894/yr, while 5% annual appreciation compiles into $38,265 by year five. Five-year ROI reaches 127.98% and total cumulative return in cash sums $58,759. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,087/mo property income covering a $678/mo payment, not borrower’s personal income.
Single Family
Built in 1950
10,616 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44907, Mansfield, OH area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
7,298
Single Family
6,167
Multi-Family
1,131
Businesses
492
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