1003 Fairbanks DrEnnisTX75119
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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 Ennis at 1003 Fairbanks Dr, Ennis, TX, 75119 at $307,490 posts ROI 22.38% with $209/mo cash flow from $2,419/mo rent. Total monthly income equals $2,419/mo, and annual cash flow records $2,514/yr on $101,933 to close. Return on cash invested measures 22.38% and rental yield reads 9.44% at the current $307,490. Equity gained on principal adds $1,984/yr, and 5% annual appreciation supports $84,954 by year five. Five-year ROI prints 117.39% and total cumulative return in cash totals $119,663.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,419/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
5,749 sqft lot
$N/A/sqft
$275 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75119, Ennis, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,156 (100%) |
| Owner Occupied HU | 6,955 (62.3%) |
| Renter Occupied HU | 3,633 (32.6%) |
| Vacant Housing Units | 568 ( 5.1%) |
| Median Home Value | $283,970 |
| Average Home Value | $318,336 |
Housing Distribution
Address Breakdown
Residential
11,994
Single Family
10,557
Multi-Family
1,437
Businesses
767
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Listed by: Bryan Reasor • Jeanette Anderson Real Estate
Mls Name: NTREIS
Mls ID: #20776890
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.