About This Home
This 3-bedroom, 1-bathroom single family at 104 Vennum Ave in Mansfield, OH is listed for $77,000. Built in 1930, on a 0.16 acres lot.
Key Features
- Built in 1930
- 0.16 acre lot
Property Details
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.
Monthly Cost Estimate
$412/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
104 Vennum Ave
Mansfield, OH 44906
Property Details
Construction
Heating
Questions & Answers
This 3-bedroom, 1-bathroom single family at 104 Vennum Ave is listed at $77,000. The estimated monthly payment is $411 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1930, 0.16 acre lot.
This property is listed by The Justin Gerwig Team and can be reached at 4195642630.
