400 McKown Dr, Mansfield, TX, 76063 | 8.03% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

400 McKown Dr, Mansfield, TX, 76063 | 8.03% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
3 Bath
2128 sft

2901 Rolling Oaks Dr, Cleburne, TX, 76031

3 Bed
1 Bath
1064 sft

308 E Davis Ave, Alvarado, TX, 76009

2 Bed
1 Bath
952 sft

211 Huron St, Cleburne, TX, 76031

3 Bed
2 Bath
1680 sft

1908 Lariat Ln, Burleson, TX, 76028

Nearby investment properties with comparable prices

3 Bed
2 Bath
1048 sft

308 Poindexter Ave, Cleburne, TX, 76033

4 Bed
2 Bath
1568 sft

3416 Happy Meadows Dr, Alvarado, TX, 76009

2 Bed
2 Bath
1388 sft

105 E Lone Star Ave, Cleburne, TX, 76031

3 Bed
2 Bath
1139 sft

110 Cleveland St, Cleburne, TX, 76031

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Mansfield at 400 McKown Dr, Mansfield, TX, 76063 offers $1,439/mo rent that, after a $1,052/mo payment. Total monthly income is $1,439/mo. Return on cash invested measures 18.4% in year one, and rental yield stands at 8.03% at a $215,000 entry. Equity gained on principal adds $1,387/yr while 5% annual appreciation compounds into $59,401 by year five. Five-year ROI records 95.97% and total cumulative return in cash reaches $68,401. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,439/mo property income versus a $1,052/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1958

0.25 Acres lot

$N/A/sqft

No HOA

More details about the property

This custom-built 3-bedroom, 1.5-bath home was originally constructed in 1958 by a builder for himselfbut never lived in until it was sold to the current (and only) homeowner. Sitting on a spacious quarter-acre corner lot just minutes from historic downtown, this home is full of timeless charm. You can almost see Grandma baking tea cakes in the cozy kitchen! Features include a covered carport, an enclosed one-car garage now used as a utility room, and a built-in sunroom perfect for morning coffee or afternoon relaxing. Lovingly maintained, this home will be sold as-is and does need some foundation repair. Mineral rights and security cameras will be excluded. A rare opportunity to own a piece of Mansfield historyfull of potential and personality!

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