305 W Oak St APT AMansfieldTX76063
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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 305 W Oak St APT A, Mansfield, TX, 76063 offers $4,364/mo rent that, after a $2,814/mo payment, leaves $275/mo cash flow. Total monthly income is $4,364/mo, and annual cash flow is $3,305/yr on $189,175 cash. Return on cash invested measures 21.81% in year one, and rental yield stands at 9.11% at a $575,000 entry. Equity gained on principal adds $3,710/yr while 5% annual appreciation compounds into $158,862 by year five. Five-year ROI records 114.22% and total cumulative return in cash reaches $216,071. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,364/mo property income versus a $2,814/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
0.44 Acres 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: Stephanie Simmons • Fathom Realty, LLC
Mls Name: NTREIS
Mls ID: #20636959
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.