3308 Lakemont Dr #3E1Y5VMansfieldTX76084
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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 3308 Lakemont Dr #3E1Y5V, Mansfield, TX, 76084 listed at $620,700 pairs $4,652/mo rent with a $3,038/mo payment to leave $238/mo cash flow. Total monthly income runs $4,652/mo, and annual cash flow reaches $2,857/yr on $204,210 cash to close. Return on cash invested measures 21.46% in year one, and rental yield registers 8.99% at a $620,700 basis. Equity gained on principal adds $4,005/yr, and annual property appreciation at 5% supports $171,488 by year five. Five-year ROI tracks 112.36% and total cumulative return in cash totals $229,447. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,652/mo property income relative to a $3,038/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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
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