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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 2402 Cornerstone Dr, Mansfield, TX, 76063 offers a 4.32% rental yield on a $1,150,000 purchase with $4,140/mo rent. 35% in year one. Equity gained on principal adds $7,421/yr while 5% annual appreciation supports $317,724 over five years. Portfolio math shows five-year ROI at 31.64% and total cumulative return in cash at $117,885. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,140/mo property income against a $5,629/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
0.38 Acres lot
$N/A/sqft
$650 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 |
|---|---|---|
| 2025-05-24 | Listed for sale | $1,150,000 |
| 2022-12-22 | Sold | N/A |
| 2022-10-10 | Pending sale | $999,949 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-24 | $22224.58 | 8.25% | $977,257 | 9.94% |
| 2023-05-24 | $20531.04 | N/A | $888,919 | 1169.88% |
| 2022-05-24 | N/A | N/A | $70,000 | 600.00% |
Listed by: David DeVries • RE/MAX Pinnacle Group REALTORS
Mls Name: NTREIS
Mls ID: #20947210
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.
