








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 1406 Chickadee Dr, Mansfield, TX, 76063 priced at $702,950 converts $4,080/mo rent into after a $3,441/mo obligation. Total monthly income equals $4,080/mo. Return on cash invested prints 14.98% in year one, and rental yield reads 6.96% against a $702,950 entry. Equity gained on principal adds $4,536/yr, while 5% annual appreciation compiles into $194,212 by year five. Five-year ROI reaches 77.71% and total cumulative return in cash sums $179,718. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,080/mo property income covering a $3,441/mo payment, not borrower’s personal income.
Single Family
Built in 2022
8,712 sqft lot
$N/A/sqft
$720 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 |
|---|---|---|
| 2024-11-19 | Price change | $702,950 |
| 2024-09-17 | Listed for sale | $743,812 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | N/A | N/A | $108,000 | N/A |
| 2023-02-12 | $415.80 | 127.71% | $108,000 | 145.45% |
| 2022-02-12 | $182.60 | N/A | $44,000 | N/A |



Listed by: Ben Caballero • HomesUSA.com
Mls Name: NTREIS
Mls ID: #20744927
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.