840 Red Oak Trl, Mansfield, OH, 44904 | $414/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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840 Red Oak Trl, Mansfield, OH, 44904 | $414/mo Cash Flow | Ziffy

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Mansfield at 840 Red Oak Trl, Mansfield, OH, 44904 listed at $189,900 pairs $1,663/mo rent with a $929/mo payment to leave $414/mo cash flow. Total monthly income runs $1,663/mo, and annual cash flow reaches $4,972/yr on $62,952 cash to close. Return on cash invested measures 27.81% in year one, and rental yield registers 10.51% at a $189,900 basis. Equity gained on principal adds $1,225/yr, and annual property appreciation at 5% supports $52,466 by year five. Five-year ROI tracks 145.74% and total cumulative return in cash totals $91,745. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,663/mo property income relative to a $929/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1974

N/A lot

$N/A/sqft

No HOA

More details about the property

Spacious 3 Bedroom Condo with Updates and Basement! Primary Bedroom with Full Bath Beside on Main Level. Offering Almost 1,800 Sq Ft of Comfortable Living and Modern Open Floor Plan. Updated Deck and Kitchen Floor, Gas Fireplace, 2.5-Car Attached Garage with Storage. Located Close to Local Amenities and Major Routes. Condo Assoc. Fees $150/Month Covers Lawn, Snow, Exterior Insurance and Trash.

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

Price History

Date	Event	Price
2025-01-06	Price change	$189,900
2024-12-31	Listed for sale	$199,900
2024-12-02	Contingent	$199,900

Tax History

Date	Tax Paid	Tax Increase Rate	Value	Value Increase Rate
2022-01-11	$2223.22	-0.35%	$39,140	N/A
2021-01-11	$2231.02	-0.07%	$39,140	N/A
2020-01-11	$2232.66	8.82%	$39,140	18.00%

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Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Facts & Features

General Information

Type: SingleFamily
Year Built: 1974
Architectural Style: N/A
Building Area: 1,736
Living Area: 1,736 sqft
Property Condition: N/A

Features & Amenities

Heating: Baseboard, Electric, Individual Room Control
Cooling: Central Air
Flooring: N/A
Interior Features: N/A
Exterior Features: N/A
Parking Features: 2.5 Car, Garage Attached, Garage Under, Concrete

Location

City: Mansfield
State: OH
Subdivision: N/A
Lot Size: N/A
Lot Features: Corner Lot, Curbs, Sidewalks, Zero Lot Line, Lawn, City Lot
View: N/A

HOA & Fees

HOA Fee: N/A
Association Fee: N/A
Fees & Dues: N/A
Association Amenities: N/A
Association Fee Includes: Insurance, Maintenance Grounds, Snow Removal, Trash, Water, Other-See Remarks

Utilities

Utilities: N/A
Sewer: Public Sewer
Water Source: Public
Road Surface Type: Paved

School Information

Elementary School: N/A
Middle School: N/A
High School: N/A

Listed by: Shaun Riley • Wilson Family Realty Corp

Mls Name: MAR

Mls Provider: Mls

Mls ID: #9064252

840 Red Oak Trl,Mansfield,OH,44904

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Ziffy AI Summary

Investment Highlights

More details about the property

Neighborhood Data

Housing Distribution

Housing Statistics

Housing Distribution

Address Breakdown

Price History

Tax History

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Facts & Features

General Information

Features & Amenities

Location

HOA & Fees

Utilities

School Information

840 Red Oak TrlMansfieldOH44904