1409 Fern 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
Investment property for sale in Mansfield at 1409 Fern Dr, Mansfield, TX, 76063 uses $111,881 cash to close to unlock $2,962/yr annual cash flow and $247/mo monthly cash flow. Total monthly income runs $2,647/mo, and a $1,652/mo payment keeps the spread at $247/mo. Purchase price stands at $337,500, and rental yield measures 9.41% with $2,647/mo rent. Return on cash invested shows 22.56% in year one, and 5% annual appreciation builds toward $93,245 over five years. Five-year ROI reaches 118.25% and total cumulative return in cash records $132,301. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,647/mo property income covering a $1,652/mo payment rather than investor’s personal income.
Single Family
Built in 2001
7,143 sqft 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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Listed by: Marc Melhado • JPAR Fort Worth
Mls Name: NTREIS
Mls ID: #20776815
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.