About This Home
This 3-bedroom, 1-bathroom single family at 605 Heineman Blvd in Mansfield, OH is listed for $77,000. Built in 1935, on a 0.08 acres lot.
Key Features
- Built in 1935
- 0.08 acre lot
Property Details
Cash-flow opportunity with built-in upside! Whether you're expanding your rental portfolio, utilizing a DSCR loan, completing a 1031 exchange, or searching for your next buy-and-hold investment, this income-producing property deserves a look. This property offers immediate rental income while presenting significant value-add potential.
Current rent is well below market, giving the next owner the opportunity to increase cash flow over time as leases renew or turnover occurs with forced appreciation. PERFECT for a DSCR or BRRRR investment! This property boasts a GRM of aprox 8.56, making it an attractive option for investors focused on long-term returns and portfolio growth.
Strong rental demand in the Mansfield market further enhances its investment appeal. Whether you're a seasoned investor or purchasing your first rental, this is an excellent opportunity to acquire an affordable income-producing asset with both current cash flow and future appreciation potential. DO NOT DISRUPT TENANT
Monthly Cost Estimate
$412/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
605 Heineman Blvd
Mansfield, OH 44903
Property Details
Construction
Heating
Questions & Answers
This 3-bedroom, 1-bathroom single family at 605 Heineman Blvd 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 1935, 0.08 acre lot.
This property is listed by The Justin Gerwig Team and can be reached at 4195642630.
