835 Ferndale RdMansfieldOH44907
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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 835 Ferndale Rd, Mansfield, OH, 44907 generates $921/mo in rent and, after a $562/mo payment, leaves $166/mo in cash flow. Total monthly income is $921/mo, and annual cash flow is $1,987/yr on $38,089 invested. Return on cash invested sits at 25.13% in year one, and rental yield is 9.62% on a $114,900 entry. Equity gained on principal adds $741/yr, while 5% annual appreciation builds toward $31,745 over five years. Five-year ROI reaches 131.38% and total cumulative return in cash sums $50,042. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $921/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
8,581 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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