917 Evans AveMansfieldOH44907
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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 917 Evans Ave, Mansfield, OH, 44907 generates $1,375/mo in rent and, after a $743/mo payment, leaves $376/mo in cash flow. Total monthly income is $1,375/mo, and annual cash flow is $4,516/yr on $50,355 invested. Return on cash invested sits at 28.88% in year one, and rental yield is 10.86% on a $151,900 entry. Equity gained on principal adds $980/yr, while 5% annual appreciation builds toward $41,967 over five years. Five-year ROI reaches 151.5% and total cumulative return in cash sums $76,286. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,375/mo property income rather than buyer’s personal income.
Single Family
Built in 1951
7,840 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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Listed by: Stacey J Wampler • Sluss Realty Company
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225003928
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.