Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Mansfield at 804 Colby Dr, Mansfield, TX, 76063 offers a 9.72% rental yield on a $753,999 purchase with $6,107/mo rent. Total monthly income registers $6,107/mo, and a $3,690/mo payment leaves $609/mo available for distribution. Annual cash flow reaches $7,307/yr on $248,066 to close, and return on cash invested stands at 23.01% in year one. Equity gained on principal adds $4,865/yr while 5% annual appreciation supports $208,316 over five years. Portfolio math shows five-year ROI at 120.87% and total cumulative return in cash at $299,833. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,107/mo property income against a $3,690/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2014
10,410 sqft lot
$N/A/sqft
$660 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 |
|---|---|---|
| 2025-01-29 | Price change | $753,999 |
| 2025-01-16 | Listed for sale | $765,000 |
| 2025-01-06 | Contingent | $765,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $13496.14 | 6.43% | $760,488 | -0.38% |
| 2023-02-12 | $12680.20 | -9.22% | $763,404 | 20.21% |
| 2022-02-12 | $13968.38 | 4.14% | $635,073 | 20.99% |
Listed by: Linda Olson • Better Homes & Gardens, Winans
Mls Name: NTREIS
Mls ID: #20780100
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.
