1216 Saint Andrews DrMansfieldTX76063
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Mansfield at 1216 Saint Andrews Dr, Mansfield, TX, 76063 generates $3,115/mo in rent and, after a $1,957/mo payment, leaves $272/mo in cash flow. Total monthly income is $3,115/mo, and annual cash flow is $3,259/yr on $132,567 invested. Return on cash invested sits at 22.37% in year one, and rental yield is 9.35% on a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 117.25% and total cumulative return in cash sums $155,432. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,115/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76063, Mansfield, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
31,625
Single Family
24,975
Multi-Family
6,650
Businesses
2,770
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