1716 Hastings 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
Rental property for sale in Mansfield at 1716 Hastings Dr, Mansfield, TX, 76063 priced at $314,750 pairs $2,760/mo rent with $521/mo cash flow after a $1,541/mo payment. Total monthly income equals $2,760/mo, and annual cash flow comes to $6,256/yr on $104,340 invested. Return on cash invested is 25.9% in year one, and rental yield stands at 10.52% on a $314,750 basis. Equity gained on principal adds $2,031/yr, and 5% annual appreciation accumulates to $86,960 by year five. Five-year ROI measures 136.24% and total cumulative return in cash reaches $142,151. For financing, Ziffy Mortgage’s DSCR program evaluates $2,760/mo property income against a $1,541/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1987
7,884 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: Lisa Hicks • CENTURY 21 Judge Fite Co.
Mls Name: NTREIS
Mls ID: #20908456
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.