1002 Georgeland DrDuncanvilleTX75116
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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 Duncanville at 1002 Georgeland Dr, Duncanville, TX, 75116 uses $91,163 cash to close to unlock $4,973/yr annual cash flow and $414/mo monthly cash flow. Total monthly income runs $2,370/mo, and a $1,346/mo payment keeps the spread at $414/mo. Purchase price stands at $275,000, and rental yield measures 10.34% with $2,370/mo rent. Return on cash invested shows 25.36% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 133.34% and total cumulative return in cash records $121,559. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,370/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 1969
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75116, Duncanville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,847 (100%) |
| Owner Occupied HU | 4,165 (60.8%) |
| Renter Occupied HU | 2,398 (35.0%) |
| Vacant Housing Units | 284 ( 4.1%) |
| Median Home Value | $267,151 |
| Average Home Value | $297,491 |
Housing Distribution
Address Breakdown
Residential
6,656
Single Family
5,410
Multi-Family
1,246
Businesses
800
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Listed by: Ingrid Sullivan • Keller Williams Lonestar DFW
Mls Name: NTREIS
Mls ID: #21070052