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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 2 Cortina Ct, Mansfield, TX, 76063 priced at $465,000 converts $3,346/mo rent into after a $2,276/mo obligation. Total monthly income equals $3,346/mo. Return on cash invested prints 19.64% in year one, and rental yield reads 8.63% against a $465,000 entry. Equity gained on principal adds $3,001/yr, while 5% annual appreciation compiles into $128,471 by year five. Five-year ROI reaches 102.83% and total cumulative return in cash sums $158,507. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,346/mo property income covering a $2,276/mo payment, not borrower’s personal income.
Single Family
Built in 2000
10,105 sqft lot
$N/A/sqft
$141 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 |
|---|---|---|
| 2025-04-24 | Listed for sale | $465,000 |
| 2013-10-18 | Sold | N/A |
| 2013-07-25 | Price change | $242,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-24 | $8465.03 | 6.77% | $496,256 | 1.62% |
| 2023-04-24 | $7928.16 | -11.77% | $488,365 | 23.22% |
| 2022-04-24 | $8986.13 | 3.49% | $396,327 | 10.62% |
Listed by: Stephanie Deeds • Point Realty
Mls Name: NTREIS
Mls ID: #20912049
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.
