3308 Lakemont Dr #REUS9RMansfieldTX76084
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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 #REUS9R, Mansfield, TX, 76084 offers $3,116/mo rent that, after a $1,992/mo payment, leaves $222/mo cash flow. Total monthly income is $3,116/mo, and annual cash flow is $2,664/yr on $134,887 cash. Return on cash invested measures 21.88% in year one, and rental yield stands at 9.19% at a $406,900 entry. Equity gained on principal adds $2,626/yr while 5% annual appreciation compounds into $112,419 by year five. Five-year ROI records 114.68% and total cumulative return in cash reaches $154,690. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,116/mo property income versus a $1,992/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
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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