








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 304 Lelo Ln, Mansfield, TX, 76063 uses $147,879 cash to close to unlock $10,348/yr annual cash flow and $862/mo monthly cash flow. Total monthly income runs $4,080/mo, and a $2,183/mo payment keeps the spread at $862/mo. Purchase price stands at $446,090, and rental yield measures 10.98% with $4,080/mo rent. Return on cash invested shows 26.91% in year one, and 5% annual appreciation builds toward $123,246 over five years. Five-year ROI reaches 141.73% and total cumulative return in cash records $209,594. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,080/mo property income covering a $2,183/mo payment rather than investor’s personal income.
Single Family
Built in 2025
7,405 sqft lot
$N/A/sqft
$550 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 |
|---|---|---|
| 2025-08-08 | Listed for sale | $446,090 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Stephen Kahn • Century 21 Mike Bowman, Inc.
Mls Name: NTREIS
Mls ID: #21025725
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.