1505 Misty Pasture Way, Mansfield, TX, 76063 | $382/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

1505 Misty Pasture Way, Mansfield, TX, 76063 | $382/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
4 Bath
3334 sft

703 Spindle Ct, Mansfield, TX, 76063

4 Bed
5 Bath
3566 sft

706 Spindle Ct, Mansfield, TX, 76063

4 Bed
4 Bath
3430 sft

3430W Plan, M3 Ranch 70', Mansfield, TX, 76063

5 Bed
5 Bath
4097 sft

4097W Plan, M3 Ranch 70', Mansfield, TX, 76063

Nearby investment properties with comparable prices

3 Bed
3 Bath
1904 sft

649 Gray Rd, Burleson, TX, 76028

4 Bed
2 Bath
2259 sft

200 Sherry Ln, Burleson, TX, 76028

Rental Income+ 1 more

4 Bed
2 Bath
2951 sft

1200 County Road 701a, Cleburne, TX, 76031

4 Bed
3 Bath
2937 sft

4520 County Road 307, Grandview, TX, 76050

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Mansfield at 1505 Misty Pasture Way, Mansfield, TX, 76063 generates $4,080/mo in rent and, after a $2,545/mo payment, leaves $382/mo in cash flow. Total monthly income is $4,080/mo, and annual cash flow is $4,588/yr on $171,080 invested. Return on cash invested sits at 22.74% in year one, and rental yield is 9.42% on a $520,000 entry. Equity gained on principal adds $3,355/yr, while 5% annual appreciation builds toward $143,666 over five years. Five-year ROI reaches 119.24% and total cumulative return in cash sums $203,999. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,080/mo property income rather than buyer’s personal income.

Single Family

Built in 2023

6,621 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to 1505 Misty Pasture Way in the desirable M3 Ranch community of Mansfield. This thoughtfully designed single-story home offers both comfort and style, paired with the convenience of a sought-after neighborhood known for its schools, parks, and family-friendly atmosphere. Step inside to a welcoming entry with impressive ceiling height, leading into flexible spaces that can serve as a home office or game room. The open-concept layout connects the kitchen, dining, and family room, creating a perfect hub for gatherings. A wall of windows fills the living space with natural light, while the fireplace adds warmth and character. The kitchen is a true centerpiece, featuring a corner walk-in pantry, ample cabinetry, and an island with seating ideal for both casual meals and entertaining. The private primary suite includes a spa-inspired bath with dual vanities, a garden tub, a separate glass shower, and a spacious walk-in closet. Secondary bedrooms also feature walk-in closets, offering plenty of storage. Out back, enjoy a covered patio overlooking a manageable yard, ready for cookouts or quiet evenings. A two-car garage provides everyday convenience. With easy access to Mansfields shopping, dining, and recreation plus highly rated schools this home blends modern features with neighborhood appeal. Open House Saturday, August 30th, 12-2pm. Buyer and buyers agent to verify schools and square footage.

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