3205 High Ridge CtMansfieldTX76063
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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 3205 High Ridge Ct, Mansfield, TX, 76063 with 5% annual appreciation on a $669,000 basis while $7,554/mo rent supports operations. Total monthly income totals $7,554/mo and a $3,274/mo payment preserves $2,388/mo for cash returns. Annual cash flow comes to $28,657/yr on $220,101 deployed, and return on cash invested reaches 33.08% in year one. Equity gained on principal adds $4,317/yr, and five-year appreciation sums $184,832 alongside rental yield of 13.55%. Five-year ROI measures 175.48% and total cumulative return in cash totals $386,223.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $7,554/mo property income versus a $3,274/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2004
10,585 sqft lot
$N/A/sqft
$900 annually 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: Fred Fontana • Fred Fontana, Broker
Mls Name: NTREIS
Mls ID: #20652501
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.