1004 Woodland DrWest TawakoniTX75474
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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 West Tawakoni at 1004 Woodland Dr, West Tawakoni, TX, 75474 priced at $199,990 pairs $1,991/mo rent with $556/mo cash flow after a $979/mo payment. Total monthly income equals $1,991/mo, and annual cash flow comes to $6,674/yr on $66,297 invested. Return on cash invested is 29.98% in year one, and rental yield stands at 11.95% on a $199,990 basis. Equity gained on principal adds $1,291/yr, and 5% annual appreciation accumulates to $55,254 by year five. Five-year ROI measures 158.19% and total cumulative return in cash reaches $104,873. For financing, Ziffy Mortgage’s DSCR program evaluates $1,991/mo property income against a $979/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2023
6,011 sqft lot
$N/A/sqft
$150 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75474, Quinlan, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,469 (100%) |
| Owner Occupied HU | 5,301 (71.0%) |
| Renter Occupied HU | 1,142 (15.3%) |
| Vacant Housing Units | 1,026 (13.7%) |
| Median Home Value | $280,868 |
| Average Home Value | $321,639 |
Housing Distribution
Address Breakdown
Residential
6,369
Single Family
6,360
Multi-Family
9
Businesses
422
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Listed by: Stacie Noble • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #20869793
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.