1600 Hastings Dr, Mansfield, TX, 76063 | $412/mo Cash Flow

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1600 Hastings Dr, Mansfield, TX, 76063 | $412/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Mansfield at 1600 Hastings Dr, Mansfield, TX, 76063 offers a 10.1% rental yield on a $315,000 purchase with $2,652/mo rent. Total monthly income registers $2,652/mo, and a $1,542/mo payment leaves $412/mo available for distribution. Annual cash flow reaches $4,941/yr on $104,423 to close, and return on cash invested stands at 24.64% in year one. Equity gained on principal adds $2,033/yr while 5% annual appreciation supports $87,029 over five years. Portfolio math shows five-year ROI at 129.43% and total cumulative return in cash at $135,149. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,652/mo property income against a $1,542/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1986

9,888 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this charming 3 bedroom, 2-bathroom home that offers 1494 sq ft of comfortable living space on a spacious corner lot. Step inside to freshly updated carpet in the bedrooms and updated roof. The kitchen features granite countertops and lots of cabinets including a built- in hutch. The primary suite is complete with double vanity sinks, relaxing garden tub and 2 walk in closets. Enjoy the outdoors in your large backyard, perfect for gatherings or even gardening. This is a prime location with sought after schools, Boren, Wester and Mansfield High. This home is move in ready and waiting for you!

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