DFW (Mansfield!) Rare Quality Location Duplex $390k

1233 Fairhaven Dr, Mansfield

ROI

13.33% IRR

Strategy

Long Term Rental

Excellent location. Schools rated 7, 9, 8. One side leased for $1600. The other side is recently updated and ready for a new tenant or househacker to take possession. Lease comps support $1675 per door. Each unit is a large 2 bed , 2 bath with 1259 sqft. This property is in good condition, low vacancy, cashflow positive, in a great location. It checks every box we look for and will work for local, as well as out of state investors.

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DFW (Mansfield!) Rare Quality Location Duplex $390k

Listed 03/02/2026

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1233 Fairhaven Dr, Mansfield

Purchase Price:$390,000

Cash Outlay:$105,300

Cashflow:$197/mo

Cap Rate:6.00%

IRR:13.33%

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