879 Red Oak TrlMansfieldOH44904
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderCapital preservation and steady income define 879 Red Oak Trl, Mansfield, OH, 44904 in Mansfield. Rental yield 7.23%. The 1.34 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $57,743 and $1,925/yr in principal reduction project total return of $66,254.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.2% | 9.2% |
| Monthly Cash Flow | $(215) | $420 |
City averages based on Mansfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,260 |
| Total Monthly Debt Service | $1,392 |
| DSCR Ratio | 0.91x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1994
6,969 sqft lot
$N/A/sqft
$300 quarterly HOA
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
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
Condo
Built in 1994
6,969 sqft lot
$N/A/sqft
$300 quarterly HOA
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices