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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Mansfield at 608 Lundy Ln, Mansfield, TX, 76063 priced at $595,990 converts $5,933/mo rent into $1,657/mo cash flow after a $2,917/mo obligation. Total monthly income equals $5,933/mo, and annual cash flow totals $19,889/yr on $196,081 invested. Return on cash invested prints 30.2% in year one, and rental yield reads 11.95% against a $595,990 entry. Equity gained on principal adds $3,846/yr, while 5% annual appreciation compiles into $164,661 by year five. Five-year ROI reaches 159.33% and total cumulative return in cash sums $312,409. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,933/mo property income covering a $2,917/mo payment, not borrower’s personal income.
Single Family
Built in 2024
6,011 sqft lot
$N/A/sqft
$450 annually HOA
Neighborhood data shown for ZIP Code: 76063, Mansfield, TX area.
| 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 |
Residential
31,625
Single Family
24,975
Multi-Family
6,650
Businesses
2,770
Date | Event | Price |
|---|---|---|
| 2024-08-06 | Price change | $595,990 |
| 2024-08-03 | Price change | $603,561 |
| 2024-07-16 | Price change | $608,561 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jimmy Rado • David M. Weekley
Mls Name: NTREIS
Mls ID: #20638194
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
