2209 Hodges PlMansfieldTX76063
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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
Investment property for sale in Mansfield at 2209 Hodges Pl, Mansfield, TX, 76063 offers a 10.34% rental yield on a $398,000 purchase with $3,430/mo rent. Total monthly income registers $3,430/mo, and a $1,948/mo payment leaves $600/mo available for distribution. Annual cash flow reaches $7,197/yr on $131,937 to close, and return on cash invested stands at 25.36% in year one. Equity gained on principal adds $2,568/yr while 5% annual appreciation supports $109,960 over five years. Portfolio math shows five-year ROI at 133.3% and total cumulative return in cash at $175,872. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,430/mo property income against a $1,948/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
8,189 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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