703 Iris CirMansfieldTX76063
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 703 Iris Cir, Mansfield, TX, 76063 priced at $614,388 pairs $2,760/mo rent with after a $3,007/mo payment. Total monthly income equals $2,760/mo. Return on cash invested is 10.51% in year one, and rental yield stands at 5.39% on a $614,388 basis. Equity gained on principal adds $3,965/yr, and 5% annual appreciation accumulates to $169,744 by year five. Five-year ROI measures 53.64% and total cumulative return in cash reaches $108,425. For financing, Ziffy Mortgage’s DSCR program evaluates $2,760/mo property income against a $3,007/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
31,625
Single Family
24,975
Multi-Family
6,650
Businesses
2,770
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
