Under $500K Investment Properties for Sale in Mansfield, OH
295- 3 Bed
- 1 Bath
- 1495 sft
359- 3 Bed
- 15 Bath
- 1476 sft
220- 3 Bed
- 1 Bath
- 847 sft
214- 3 Bed
- 2 Bath
- 1008 sft
Why Invest in Mansfield, Ohio?
Discover investment properties under $500k in Mansfield, OH, where median home values hover around $140k-$155k, offering strong entry points for cash-flowing rentals. Affordable pricing combined with Ohio's Midwest affordability advantage supports solid cap rates and rental yields. Recent data shows home values up 5.9% annually in some metrics, with improving inventory for investors. Renter-occupied rates remain high amid steady employment from manufacturing and logistics sectors. Low acquisition costs enable higher cash-on-cash returns compared to coastal markets.
Frequently Asked Questions
Investors can expect cap rates around 7-8% and rental yields of 8-9% on properties under $500k. Average cash flow per unit is about $450 monthly. These metrics benefit from low entry prices and steady renter demand.
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