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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Northlake at 1017 Wimberly Ln, Northlake, TX, 76226 uses $271,425 cash to close to unlock $35,207/yr annual cash flow and $2,934/mo monthly cash flow. Total monthly income runs $9,031/mo, and a $4,038/mo payment keeps the spread at $2,934/mo. Purchase price stands at $825,000, and rental yield measures 13.14% with $9,031/mo rent. Return on cash invested shows 33.03% in year one, and 5% annual appreciation builds toward $227,932 over five years. Five-year ROI reaches 174.76% and total cumulative return in cash records $474,333. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $9,031/mo property income covering a $4,038/mo payment rather than investor’s personal income.
Single Family
Built in 2017
9,583 sqft lot
$N/A/sqft
$691 quarterly HOA
Neighborhood data shown for ZIP Code: 76226, Argyle, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,414 (100%) |
| Owner Occupied HU | 15,448 (88.7%) |
| Renter Occupied HU | 1,291 ( 7.4%) |
| Vacant Housing Units | 675 ( 3.9%) |
| Median Home Value | $615,556 |
| Average Home Value | $679,325 |
Residential
16,345
Single Family
16,345
Multi-Family
0
Businesses
916
Date | Event | Price |
|---|---|---|
| 2024-07-29 | Price change | $825,000 |
| 2024-07-23 | Price change | $849,950 |
| 2024-07-16 | Price change | $875,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-15 | N/A | N/A | $627,207 | 10.00% |
| 2022-08-15 | N/A | N/A | $570,188 | 10.00% |
| 2021-08-15 | N/A | N/A | $518,353 | 2.50% |
Listed by: Robert Hart • Hart of Texas
Mls Name: NTREIS
Mls ID: #20641510
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.
