Mansfield, OH — Rental Investment Analysis

🟡MODERATEaverage returns

Cap Rate

5.2%

Below average

Monthly Cash Flow

-$174

After all expenses

Price-to-Rent

12.0

Investor-friendly

DSCR

0.81

Fails

📊 Key Metrics

Median Home Price
$170,687
Average Rent (3BR)
$1,230/mo
Price-to-Rent Ratio
12.0(good)
1% Rule
0.70%(fails — need 1%+)
Cash-on-Cash Return
-5.3%
Vacancy Rate
8.0%

📈 Market Strength

Unemployment Rate
3.9%(-0.4% vs national)
Rent Growth (YoY)
+2.9%(national avg)
Population Growth
-0.5% YoY

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

Customize these numbers →

Property Tax Rate

1.53%

of assessed value (OH avg)

Median Income

$61,938

household (OH avg)

Rent-to-Income

23.8%

Affordable

Section 8 Max Rent

$1,230/mo

3BR voucher payment

🏛️ OH Investor Climate

Landlord Friendly

7/10

State Income Tax

Has state tax

Property Tax

1.53% effective

Population Trend

-0.5% (3yr)

🏘️ Best Zip Codes in Mansfield for Investors

44902
Cap Rate: 14.9%Cash Flow: +$496/mo$70,021
44905
Cap Rate: 6.4%Cash Flow: -$1/mo$153,407
44906
Cap Rate: 5.3%Cash Flow: -$154/mo$168,856

All Zip Codes in Mansfield

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
4490214.9%+$496$70,021$1,180/mo2.33
449056.4%-$1$153,407$1,260/mo1.00
449065.3%-$154$168,856$1,200/mo0.83
449075.0%-$195$172,518$1,180/mo0.79
449034.4%-$339$207,251$1,290/mo0.69
449034.4%-$339$207,251$1,290/mo0.69