3306 Scenic Glen DrMansfieldTX76063
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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 3306 Scenic Glen Dr, Mansfield, TX, 76063 generates $3,037/mo in rent and, after a $1,762/mo payment, leaves $477/mo in cash flow. Total monthly income is $3,037/mo, and annual cash flow is $5,724/yr on $119,340 invested. Return on cash invested sits at 24.71% in year one, and rental yield is 10.12% on a $360,000 entry. Equity gained on principal adds $2,323/yr, while 5% annual appreciation builds toward $99,461 over five years. Five-year ROI reaches 129.75% and total cumulative return in cash sums $154,845. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,037/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
8,319 sqft 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: Ling Jordan • Golden Realty
Mls Name: NTREIS
Mls ID: #20893695
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.