101 Aspen CirParadiseTX76073
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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 Paradise at 101 Aspen Cir, Paradise, TX, 76073 generates $3,965/mo in rent and, after a $1,835/mo payment, leaves $1,299/mo in cash flow. Total monthly income is $3,965/mo, and annual cash flow is $15,588/yr on $124,279 invested. Return on cash invested sits at 32.45% in year one, and rental yield is 12.69% on a $374,900 entry. Equity gained on principal adds $2,419/yr, while 5% annual appreciation builds toward $103,578 over five years. Five-year ROI reaches 171.3% and total cumulative return in cash sums $212,887. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,965/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76073, Paradise, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,914 (100%) |
| Owner Occupied HU | 2,360 (81.0%) |
| Renter Occupied HU | 374 (12.8%) |
| Vacant Housing Units | 180 ( 6.2%) |
| Median Home Value | $363,609 |
| Average Home Value | $415,214 |
Housing Distribution
Address Breakdown
Residential
2,666
Single Family
2,666
Multi-Family
0
Businesses
104
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Listed by: Shari Guess • Buy Wise Real Estate
Mls Name: NTREIS
Mls ID: #20691752
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.