1018 Texas Star CtEulessTX76040
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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 Euless at 1018 Texas Star Ct, Euless, TX, 76040 priced at $534,000 converts $5,831/mo rent into $1,994/mo cash flow after a $2,614/mo obligation. Total monthly income equals $5,831/mo, and annual cash flow totals $23,925/yr on $175,686 invested. Return on cash invested prints 33.68% in year one, and rental yield reads 13.1% against a $534,000 entry. Equity gained on principal adds $3,446/yr, while 5% annual appreciation compiles into $147,534 by year five. Five-year ROI reaches 177.96% and total cumulative return in cash sums $312,650. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,831/mo property income covering a $2,614/mo payment, not borrower’s personal income.
Single Family
Built in 2008
5,488 sqft lot
$N/A/sqft
$475 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76040, Euless, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,026 (100%) |
| Owner Occupied HU | 5,856 (41.8%) |
| Renter Occupied HU | 7,498 (53.5%) |
| Vacant Housing Units | 672 ( 4.8%) |
| Median Home Value | $351,081 |
| Average Home Value | $369,219 |
Housing Distribution
Address Breakdown
Residential
13,051
Single Family
8,310
Multi-Family
4,741
Businesses
813
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Listed by: Wendy Thurmond • Ebby Halliday, REALTORS
Mls Name: NTREIS
Mls ID: #20676479
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.