Turnkey investment opportunity with immediate cash flow! Add this income-producing rental to your portfolio and start collecting rent from day one. This property offers consistent income and is an excellent option for investors seeking a performing asset. It's well suited for buyers utilizing DSCR financing, expanding a rental portfolio, completing a 1031 exchange, or purchasing their first investment property. With a Gross Rent Multiplier (GRM) of just 7.55 and an impressive 13.25% gross rental yield, this property stands out as a strong buy-and-hold opportunity. The Mansfield rental market continues to experience solid demand, making this an attractive long-term investment with immediate cash flow and future appreciation potential. Tenant rights transfer with the sale. Don't miss your chance to secure another performing asset at an affordable price! Showings available with accepted offer. DO NOT DISRUPT TENANTS.
| MLS # | 5239115 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1930 |
| Days On Site | 38 |
| Listing Provided By | RE/MAX Crossroads Properties | Kristin Horst |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,338 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.16 |
| Garage Yes / No | No |
|---|---|
| Parking Features | On Street |
| Tax Annual Amount | 715 |
|---|
| State | OH |
|---|---|
| County | Richland |
| City | Mansfield |
| Zip Code | 44903 |
| Listing VS Median (in 44903) | |
Price: $77,000 low | high Med: $272,450 sqft: 1,338 low | high Med: 1,388 $ / sqft: $58 low | high Med: $197 On site: 38 low | high Med: 40.5 | |
| State | OH |
|---|---|
| County | Richland |
| City | Mansfield |
| Zip Code | 44903 |
| Listing VS Median (in 44903) | |
Price: $77,000 low | high Med: $272,450 sqft: 1,338 low | high Med: 1,388 $ / sqft: $58 low | high Med: $197 On site: 38 low | high Med: 40.5 | |