About This Home

This 3-bedroom, 1-bathroom single family at 605 Heineman Blvd in Mansfield, OH is listed for $77,000. Built in 1935, on a 0.08 acres lot.

Key Features

  • Built in 1935
  • 0.08 acre lot

Property Details

1 full
1935
Listing Description

Cash-flow opportunity with built-in upside! Whether expanding your rental portfolio, utilizing a DSCR loan, completing a 1031 exchange, or seeking your next buy-and-hold, this income-producing property deserves a look. Enjoy immediate rental income with significant value-add potential.

Current rent is below market, creating an opportunity to increase future cash flow and force appreciation as leases renew or turnover occurs. PERFECT for a DSCR or BRRRR strategy! With an approximate GRM of 8.56 and strong rental demand in the Mansfield market, this affordable asset offers both current income and long-term growth potential. Ideal for seasoned investors or those purchasing their first rental. Showings available after accepted offer. DO NOT DISRUPT TENANTS.

Monthly Cost Estimate

$412/mo

20% down · 6.5% · 30 years

Principal$56
Interest$334
Insurance$22

Estimates only. Actual payments may vary.

Location

605 Heineman Blvd

Mansfield, OH 44903

Property Details

Construction

Vinyl Siding

Heating

Forced AirNatural Gas

Questions & Answers

This 3-bedroom, 1-bathroom single family at 605 Heineman Blvd is listed at $77,000. The estimated monthly payment is $411 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1935, 0.08 acre lot.

This property is listed by Cornerstone Reserve Group.

CG

Cornerstone Reserve Group

Agent at RE/MAX Crossroads Properties

Listed by RE/MAX Crossroads Properties · Broker phone: 4408460077 · View on Broker Site

MLS# 20100753· Source: Mansfield Association of Realtors· 50 days on PropertySimple

Copyright © 2026 Mansfield Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

605 Heineman Blvd, Mansfield, OH 44903

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