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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 1112 Rendon Pl, Mansfield, TX, 76063 offers $7,447/mo rent that, after a $3,377/mo payment, leaves $2,494/mo cash flow. Total monthly income is $7,447/mo, and annual cash flow is $29,924/yr on $227,010 cash. Return on cash invested measures 33.24% in year one, and rental yield stands at 12.95% at a $690,000 entry. Equity gained on principal adds $4,452/yr while 5% annual appreciation compounds into $190,634 by year five. Five-year ROI records 175.62% and total cumulative return in cash reaches $398,672. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $7,447/mo property income versus a $3,377/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2017
8,581 sqft lot
$N/A/sqft
$281 semi-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 |
|---|---|---|
| 2024-08-02 | Listed for sale | $690,000 |
| 2023-01-23 | Sold | N/A |
| 2022-11-29 | Pending sale | $625,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $2284.72 | 9.06% | $593,433 | 16.30% |
| 2022-08-14 | $2095.01 | N/A | $510,260 | 10.00% |
| 2021-08-14 | N/A | N/A | $463,873 | 10.00% |
Listed by: Paul Singh • JPAR Grapevine West
Mls Name: NTREIS
Mls ID: #20692291
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.
