426 4th Ave, Mansfield, OH, 44905
About This Home
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.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1938
Materials
- Roof: Shingle
- Construction materials: Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Conventional
- Property subType: Single Family Residence
Interior
Appliances
- Laundry features: In Basement
Basement
- Has basement: Yes
- Basement: Full,Sump Pump
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Features
- Finished area above ground: 1,060
Heating & Cooling
- Heating features: Forced Air,Gas
- Cooling features: None
Interior Area
- Total structure area: 1,060
- Total interior livable area: 1,060 sqft
Property
Details
- Parcel number: 0270506605000
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered
Lot
- Lot size: 8,001 sqft
Parking
- Total spaces: 2
- Parking features: Detached,Garage,Other
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hail
- Ice Storm
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Ohio Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $439 | $5,268 |
| Home Insurance * | $60 | $720 |
| Property Taxes | $86 | $1,032 |
| Electricity | $193 | $2,320 |
| Total | $778 | $9,336 |
Income You'd Need if You Spent...
Ohio FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-31 | Listed for sale | $87,000 |
| 2011-11-16 | Sold | $12,500 |
| 2011-06-28 | Listed for sale | $13,000 |
| 2011-02-23 | Sold | $16,000 |
| 2005-10-13 | Sold | $62,000 |
| 2003-12-18 | Sold | $9,500 |
| 2003-07-07 | Sold | $24,000 |
| 1999-07-08 | Sold | $34,500 |
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