1036 Fairfax 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
Rental property for sale in Godley at 1036 Fairfax Dr, Godley, TX, 76044 generates $3,182/mo in rent and, after a $1,812/mo payment, leaves $480/mo in cash flow. Total monthly income is $3,182/mo, and annual cash flow is $5,763/yr on $122,721 invested. Return on cash invested sits at 24.61% in year one, and rental yield is 10.31% on a $370,200 entry. Equity gained on principal adds $2,389/yr, while 5% annual appreciation builds toward $102,279 over five years. Five-year ROI reaches 129.5% and total cumulative return in cash sums $158,924. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,182/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
9,509 sqft lot
$N/A/sqft
No 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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