1002 Brazos DrSouthlakeTX76092
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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
Rental property for sale in Southlake at 1002 Brazos Dr, Southlake, TX, 76092 priced at $1,130,000 pairs $11,165/mo rent with $2,934/mo cash flow after a $5,531/mo payment. Total monthly income equals $11,165/mo, and annual cash flow comes to $35,212/yr on $366,120 invested. Return on cash invested is 29.99% in year one, and rental yield stands at 11.86% on a $1,130,000 basis. Equity gained on principal adds $7,292/yr, and 5% annual appreciation accumulates to $312,198 by year five. Five-year ROI measures 158.26% and total cumulative return in cash reaches $579,438. For financing, Ziffy Mortgage’s DSCR program evaluates $11,165/mo property income against a $5,531/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1993
0.49 Acres lot
$N/A/sqft
$1,169 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76092, Southlake, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,160 (100%) |
| Owner Occupied HU | 9,321 (91.7%) |
| Renter Occupied HU | 652 ( 6.4%) |
| Vacant Housing Units | 187 ( 1.8%) |
| Median Home Value | $829,989 |
| Average Home Value | $956,145 |
Housing Distribution
Address Breakdown
Residential
10,137
Single Family
9,918
Multi-Family
219
Businesses
2,742
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Listed by: Amber Butcher • Engel&Volkers Dallas Southlake
Mls Name: NTREIS
Mls ID: #20659237
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.