602 Lundy Ln, Mansfield, TX, 76063 | 5.46% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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602 Lundy Ln, Mansfield, TX, 76063 | 5.46% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Mansfield at 602 Lundy Ln, Mansfield, TX, 76063 with 5% annual appreciation on a $606,953 basis while $2,760/mo rent supports operations. 71% in year one. Equity gained on principal adds $3,917/yr, and five-year appreciation sums $167,690 alongside rental yield of 5.46%. Five-year ROI measures 54.69% and total cumulative return in cash totals $109,211. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,760/mo property income versus a $2,971/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

An open concept, clean lines and high ceilings make The Foundry by David Weekley Homes in South Pointe a great home to make your own. From the front porch to the extended covered patio, this home gives you the space you need to enjoy your outdoor leisure time. As you enter, the foyer area expands to the center of the home that has no walls and a perimeter of cabinets that any chef would love. The huge California island in the center of the kitchen will be the meeting place of all family functions and gatherings for years to come. The Foundry boasts a private study and large rooms that invite families to relax. Schedule your home tour with the David Weekley Homes at South Pointe Team to explore this new home in Mansfield, TX!

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