880 McPherson StMansfieldOH44903
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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
Investment property for sale in Mansfield at 880 McPherson St, Mansfield, OH, 44903 with 5% annual appreciation on a $112,000 basis while $1,620/mo rent supports operations. Total monthly income totals $1,620/mo and a $548/mo payment preserves $883/mo for cash returns. Annual cash flow comes to $10,602/yr on $37,128 deployed, and return on cash invested reaches 48.46% in year one. Equity gained on principal adds $723/yr, and five-year appreciation sums $30,944 alongside rental yield of 17.36%. Five-year ROI measures 256.54% and total cumulative return in cash totals $95,247.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,620/mo property income versus a $548/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1963
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44903, Mansfield, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,404 (100%) |
| Owner Occupied HU | 6,968 (61.1%) |
| Renter Occupied HU | 3,431 (30.1%) |
| Vacant Housing Units | 1,005 ( 8.8%) |
| Median Home Value | $196,246 |
| Average Home Value | $220,971 |
Housing Distribution
Address Breakdown
Residential
10,677
Single Family
10,118
Multi-Family
559
Businesses
398
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Listed by: TRINA MARIE DILLE • Sluss Realty Company
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224032223
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. Information is deemed reliable but not guaranteed.