104 Vennum AvenueMansfield, OH 44903

Description

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.

Property Information

Property type

Residential

Sub-type

Single Family Residence

Style

Conventional

Year built

1930

Living area

1,338 Sq Ft

Lot size

0.16 acres

Days on market

61

MLS^® Listing#

5239115

Property Features

Cooling

None

Heating

Natural Gas · Forced Air

Basement

Full

Parking

On Street

Construction

Aluminum Siding · Vinyl Siding

Roof

Shingle

Sewer

Public Sewer

Water source

Public

Financial Details

HOA

None

Annual taxes

$715Tax year 2025

Parcel number

027-01-055-12-000

Directions

430/Park Ave W to Marion Ave to Vennum. House on left.