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.
Listing Courtesy of: Kristin Horst, 4realestate.kristin@gmail.com With RE/MAX Crossroads Properties
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