946 Mansfield DrPort MansfieldTX78598
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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
Investment property for sale in Port Mansfield at 946 Mansfield Dr, Port Mansfield, TX, 78598 offers a 8.11% rental yield on a $349,900 purchase with $2,365/mo rent. 63% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,671 over five years. Portfolio math shows five-year ROI at 97.21% and total cumulative return in cash at $112,758. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,365/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
9,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78598, Port Mansfield, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 411 (100%) |
| Owner Occupied HU | 138 (33.6%) |
| Renter Occupied HU | 21 ( 5.1%) |
| Vacant Housing Units | 252 (61.3%) |
| Median Home Value | $85,000 |
| Average Home Value | $147,156 |
Housing Distribution
Address Breakdown
Residential
302
Single Family
2
Multi-Family
300
Businesses
0
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Listed by: Candy K. Divin • RE/MAX ELITE
Mls Name: RGVMLS
Mls Provider:
Mls ID: #29761769
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.