3308 Lakemont Dr #96C5O4MansfieldTX76084
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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 #96C5O4, Mansfield, TX, 76084 uses $161,374 cash to close to unlock $10,019/yr annual cash flow and $835/mo monthly cash flow. Total monthly income runs $4,297/mo, and a $2,383/mo payment keeps the spread at $835/mo. Purchase price stands at $486,800, and rental yield measures 10.59% with $4,297/mo rent. Return on cash invested shows 26.12% in year one, and 5% annual appreciation builds toward $134,494 over five years. Five-year ROI reaches 137.33% and total cumulative return in cash records $221,619. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,297/mo property income covering a $2,383/mo payment rather than investor’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
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