$87,000
 $579 est/mo Sourced by Back At You

426 4th Ave,Mansfield, OH 44905

Mansfield, OH 44905

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Description

Turnkey investment opportunity with immediate cash flow! NEW ROOF COMPLETED AUGUST 2026. This tenant occupied property is already leased through the Metro Housing/Section 8 program, providing reliable rental income from day one of $1,100/month. 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.

Details

MLS #20100750
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1938
Days On Site23
Listing Provided ByRE/MAX Crossroads Properties | Cornerstone Reserve Group

Features

Bed(s)3
Bath(s) 1 Total
SQ Feet1,060
BasementY
Story(s)1
Acreage0.18

Taxes

Property582

Area Information

StateOH
CountyRichland
CityMansfield
Zip Code44905
School DistrictMansfield City School District
Elementary SchoolMansfield City School District
High SchoolMansfield City School District
Listing VS Median (in 44905)
Price:
$87,000
low | high
Med:
$199,000
78.735632183908% of Average
sqft:
1,060
low | high
Med:
848
70% of Average
$ / sqft:
$82
low | high
Med:
$235
100% of Average
On site:
23
low | high
Med:
31
74.193548387097% of Average
Sourced by Back At You

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Additional Information

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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Mansfield Association of REALTORS®.

Contact

Learn More About This Property

Kerri Kalala

Kerri J. Kalala

e-Merge Real Estate

2018001265 (614) 738-0470kerri.kalala@e-merge.com
StateOH
CountyRichland
CityMansfield
Zip Code44905
School DistrictMansfield City School District
Elementary SchoolMansfield City School District
High SchoolMansfield City School District
Listing VS Median (in 44905)
Price:
$87,000
low | high
Med:
$199,000
78.735632183908% of Average
sqft:
1,060
low | high
Med:
848
70% of Average
$ / sqft:
$82
low | high
Med:
$235
100% of Average
On site:
23
low | high
Med:
31
74.193548387097% of Average
Sourced by Back At You
Listing Updated: September 29, 2026 at 3:47:50 AM PDT

Kerri Kalala - e-Merge Real Estate Pickerington - e-Merge Real Estate