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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Mansfield at 988 Delwood Rd, Mansfield, OH, 44905 offers $1,284/mo rent that, after a $1,601/mo payment. Total monthly income is $1,284/mo. Return on cash invested measures 10.31% in year one, and rental yield stands at 4.71% at a $327,000 entry. Equity gained on principal adds $2,110/yr while 5% annual appreciation compounds into $90,344 by year five. Five-year ROI records 51.87% and total cumulative return in cash reaches $56,225. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,284/mo property income versus a $1,601/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1965
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 44905, Mansfield, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,364 (100%) |
| Owner Occupied HU | 3,468 (64.7%) |
| Renter Occupied HU | 1,503 (28.0%) |
| Vacant Housing Units | 393 ( 7.3%) |
| Median Home Value | $131,436 |
| Average Home Value | $155,983 |
Residential
5,017
Single Family
4,879
Multi-Family
138
Businesses
343
Date | Event | Price |
|---|---|---|
| 2024-07-10 | Listed for sale | $327,000 |
| 2016-04-01 | Sold | $46,800 |
| 1995-05-05 | Sold | $75,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2022-10-16 | $2707.19 | 0.04% | $47,850 | N/A |
| 2021-10-16 | $2706.17 | -0.75% | $47,850 | N/A |
| 2020-10-16 | $2726.69 | 4.85% | $47,850 | 18.00% |
Listed by: Jessica Damron • Dream Huge Realty
Mls Name: MAR
Mls Provider:
Mls ID: #9061258
Disclaimer: Copyright Mansfield Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.
