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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 3128 Summer Grove Ct, Mansfield, TX, 76063 generates $4,080/mo in rent and, after a $2,442/mo payment, leaves $502/mo in cash flow. Total monthly income is $4,080/mo, and annual cash flow is $6,023/yr on $165,419 invested. Return on cash invested sits at 23.55% in year one, and rental yield is 9.81% on a $499,000 entry. Equity gained on principal adds $3,220/yr, while 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 123.65% and total cumulative return in cash sums $204,546. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,080/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
0.28 Acres lot
$N/A/sqft
$360 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 |
|---|---|---|
| 2025-02-05 | Listed for sale | $499,000 |
| 2025-02-02 | Contingent | $499,000 |
| 2025-01-22 | Listed for sale | $499,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | N/A | N/A | $468,935 | -4.32% |
| 2023-02-12 | N/A | N/A | $490,121 | 27.53% |
| 2022-02-12 | N/A | N/A | $384,322 | 7.83% |
Listed by: Beth Steinke • Real Broker, LLC
Mls Name: NTREIS
Mls ID: #20812109
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.
