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.
Listed By
Agency Name: RE/MAX First Realty, LLC
Agency Contact: 4realestate.kristin@gmail.com, 419-496-1530
Shown By
Agent Name: David Knutty
Agent Phone: (330) 607-2233
Agency Title: Mosholder Realty
Estimated Payment
$ 453.10 per month $371.31 Principal & Interest $59.33 Property Tax $22.46 Homeowner's Insurance
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104 Vennum Avenue | MLS# 5232226
This single family home located at 104 Vennum Avenue , Mansfield, OH 44903 is currently listed for sale with an asking price of $77,000. This property was built in 1930 and has 3 bedrooms and 1 full baths with 1338 sq. ft. Vennum Avenue is located within the Mansfield City school district. Search Mansfield real estate on dknutty.mosholder.com today.