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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 704 Elm Creek Cir, Mansfield, TX, 76063 offers $4,080/mo rent that, after a $3,059/mo payment. Total monthly income is $4,080/mo. Return on cash invested measures 16.58% in year one, and rental yield stands at 7.83% at a $625,000 entry. Equity gained on principal adds $4,033/yr while 5% annual appreciation compounds into $172,676 by year five. Five-year ROI records 86.7% and total cumulative return in cash reaches $178,285. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,080/mo property income versus a $3,059/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2016
0.54 Acres lot
$N/A/sqft
$800 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 |
|---|---|---|
| 2025-06-06 | Price change | $625,000 |
| 2024-09-30 | Listed for sale | $650,000 |
| 2024-09-09 | Listing removed | $650,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-01 | $12351.38 | 6.49% | $652,014 | 3.26% |
| 2023-07-01 | $11599.04 | -9.63% | $631,458 | 16.01% |
| 2022-07-01 | $12834.62 | 4.03% | $544,321 | 12.49% |
Listed by: Angela Hornburg • One West Real Estate Co. LLC
Mls Name: NTREIS
Mls ID: #20692217
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.
