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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 1516 Inverness Rd, Mansfield, TX, 76063 generates $3,184/mo in rent, after a $2,447/mo payment. Total monthly income is $3,184/mo. Return on cash invested sits at 17.22% in year one, and rental yield is 7.64% on a $500,000 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 89.63% and total cumulative return in cash sums $148,568. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,184/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
0.40 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-07-04 | Listed for sale | $500,000 |
| 2024-11-09 | Listing removed | $519,000 |
| 2024-11-09 | Price change | $519,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-04 | $6669.22 | 3.54% | $373,000 | 4.19% |
| 2023-07-04 | $6441.49 | -13.28% | $358,000 | 12.93% |
| 2022-07-04 | $7427.93 | 2.43% | $317,000 | 9.31% |
Listed by: Jennifer Holmes • Engel&Volkers Dallas Southlake
Mls Name: NTREIS
Mls ID: #20990709
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.
