








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Mansfield at 1004 Open Range Dr, Mansfield, TX, 76063 offers $5,243/mo rent that, after a $3,867/mo payment. Total monthly income is $5,243/mo. Return on cash invested measures 17.99% in year one, and rental yield stands at 7.96% at a $790,000 entry. Equity gained on principal adds $5,098/yr while 5% annual appreciation compounds into $218,262 by year five. Five-year ROI records 93.86% and total cumulative return in cash reaches $243,948. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,243/mo property income versus a $3,867/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
8,407 sqft lot
$N/A/sqft
$875 annually HOA
Neighborhood data shown for ZIP Code: 76063, Mansfield, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,107 (100%) |
| Owner Occupied HU | 21,430 (66.7%) |
| Renter Occupied HU | 9,297 (29.0%) |
| Vacant Housing Units | 1,380 ( 4.3%) |
| Median Home Value | $419,193 |
| Average Home Value | $450,082 |
Residential
31,625
Single Family
24,975
Multi-Family
6,650
Businesses
2,770
Date | Event | Price |
|---|---|---|
| 2025-09-04 | Listed for sale | $790,000 |
| 2024-12-04 | Sold | N/A |
| 2024-10-30 | Pending sale | $740,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-04 | N/A | N/A | $70,150 | N/A |



Listed by: Eman Kandil • TruHome Real Estate
Mls Name: NTREIS
Mls ID: #21050501
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.