About This Home
This 2-bedroom, 1-bathroom single family at 426 Fourth Ave. in Mansfield, OH is listed for $87,000. Built in 1938, on a 0.18 acres lot.
Key Features
- Built in 1938
- 0.18 acre lot
Property Details
Turnkey investment opportunity with immediate cash flow! NEW ROOF COMING AUGUST 2026. This tenant-occupied property is already leased through the Metro Housing/Section 8 program, providing reliable rental income from day one. The current lease is in place through December 31, 2026, offering investors the security of a long-term tenant and consistent cash flow without the hassle of finding a renter.
Whether you're looking to add to your portfolio, complete a 1031 exchange, or purchase your first investment property, this is a fantastic opportunity to own an income-producing asset with an established rental history. This property presents an attractive return potential with an aprox 15.17% gross rental yield and a GRM of around 6.59! Don't miss your chance to secure a performing rental with immediate income and a lease already in place! No showings without accepted offer. DO NOT DISRUPT TENANTS.
Monthly Cost Estimate
$465/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
426 Fourth Ave.
Mansfield, OH 44905
Property Details
Construction
Heating
Questions & Answers
This 2-bedroom, 1-bathroom single family at 426 Fourth Ave. is listed at $87,000. The estimated monthly payment is $465 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1938, 0.18 acre lot.
This property is listed by The Justin Gerwig Team and can be reached at 4195642630.
