3308 Lakemont Dr #3DZEZDMansfieldTX76084
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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 3308 Lakemont Dr #3DZEZD, Mansfield, TX, 76084 priced at $603,400 converts $0/mo rent into after a $2,953/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -5.88% in year one, and rental yield reads 0% against a $603,400 entry. Equity gained on principal adds $3,894/yr, while 5% annual appreciation compiles into $166,708 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $2,953/mo payment, not borrower’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76084, Venus, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,458 (100%) |
| Owner Occupied HU | 4,567 (83.7%) |
| Renter Occupied HU | 548 (10.0%) |
| Vacant Housing Units | 343 ( 6.3%) |
| Median Home Value | $329,699 |
| Average Home Value | $357,856 |
Housing Distribution
Address Breakdown
Residential
5,310
Single Family
5,195
Multi-Family
115
Businesses
179
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices