1019 Stockton DrGodleyTX76044
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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 Godley at 1019 Stockton Dr, Godley, TX, 76044 uses $124,644 cash to close to unlock $8,298/yr annual cash flow and $692/mo monthly cash flow. Total monthly income runs $3,395/mo, and a $1,840/mo payment keeps the spread at $692/mo. Purchase price stands at $376,000, and rental yield measures 10.84% with $3,395/mo rent. Return on cash invested shows 26.57% in year one, and 5% annual appreciation builds toward $103,882 over five years. Five-year ROI reaches 139.87% and total cumulative return in cash records $174,341. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,395/mo property income covering a $1,840/mo payment rather than investor’s personal income.
Single Family
Built in 2020
7,884 sqft lot
$N/A/sqft
$360 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76044, Godley, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,579 (100%) |
| Owner Occupied HU | 2,998 (83.8%) |
| Renter Occupied HU | 342 ( 9.6%) |
| Vacant Housing Units | 239 ( 6.7%) |
| Median Home Value | $424,069 |
| Average Home Value | $550,357 |
Housing Distribution
Address Breakdown
Residential
3,397
Single Family
3,397
Multi-Family
0
Businesses
190
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Listed by: Elena Soto • CENTURY 21 Judge Fite Co.
Mls Name: NTREIS
Mls ID: #20733854
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.