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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% |
Investment property for sale in Mansfield at 1709 Open Range Dr, Mansfield, TX, 76063 uses $228,783 cash to close to unlock $31,448/yr annual cash flow and $2,621/mo monthly cash flow. Total monthly income runs $7,639/mo, and a $3,404/mo payment keeps the spread at $2,621/mo. Purchase price stands at $695,390, and rental yield measures 13.18% with $7,639/mo rent. Return on cash invested shows 33.81% in year one, and 5% annual appreciation builds toward $192,123 over five years. Five-year ROI reaches 178.68% and total cumulative return in cash records $408,800. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,639/mo property income covering a $3,404/mo payment rather than investor’s personal income.
Single Family
Built in 2024
5,998 sqft lot
$N/A/sqft
$875 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 |
|---|---|---|
| 2024-03-19 | Price change | $695,390 |
| 2024-02-06 | Price change | $683,390 |
| 2024-01-23 | Listed for sale | $678,390 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Ben Caballero • Highland Homes Realty
Mls Name: NTREIS
Mls ID: #20568676
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.
