803 Canary LnMansfieldTX76063
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 803 Canary Ln, Mansfield, TX, 76063 priced at $275,000 converts $2,644/mo rent into $688/mo cash flow after a $1,346/mo obligation. Total monthly income equals $2,644/mo, and annual cash flow totals $8,261/yr on $91,163 invested. Return on cash invested prints 28.97% in year one, and rental yield reads 11.54% against a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation compiles into $75,977 by year five. Five-year ROI reaches 152.67% and total cumulative return in cash sums $139,175. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,644/mo property income covering a $1,346/mo payment, not borrower’s personal income.
Single Family
Built in 1988
5,009 sqft 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