$89,900
About this home
Turnkey Mansfield rental with recent improvements, an established tenant and income from day one! Currently generating $800/month ($9,600 annually) in private-pay rent with a lease secured through August 2027. The property offers an approximate 10.7% gross rental yield and 9.36 GRM. A substantial rehab/update completed in 2025 means much of the heavy lifting has already been done, including paint, flooring, faucets, cabinetry, windows, doors and electrical improvements. This combination of recent capital improvements and an existing lease makes the property especially appealing to buy-and-hold, BRRRR and portfolio investors seeking predictable rental income without immediately taking on a major renovation or tenant-placement project. Seller is respecting tenant privacy and will not permit showings until agreeable purchase terms have been presented. Offers may be submitted contingent upon satisfactory interior inspection. Please do not disturb occupants.
Property details
- MLS #
- 5236606
- Property type
- SingleFamilyResidence
- Subdivision
- Mansfield
- Status
- Active
- Days on market
- N/A
- On market date
- August 19, 2026
- Stories
- 2
- Total bathrooms
- 1
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.2514 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 207
- Student:teacher ratio
- 20.7:1
- District
- Mansfield City
- Enrollment
- 547
- Student:teacher ratio
- 17.1:1
- District
- Mansfield City
- Enrollment
- 755
- Student:teacher ratio
- 13.7:1
- District
- Mansfield City
Walkability
Blended score for Mansfield's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Mortgage calculator
Estimate only - actual rate and payment depend on your lender, credit, and loan program.
Adjust tax / insurance estimates
Similar homes you might like
Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated August 19, 2026.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.