104 Runway LnAuroraTX76078
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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 Aurora at 104 Runway Ln, Aurora, TX, 76078 priced at $170,000 converts $1,296/mo rent into $87/mo cash flow after a $832/mo obligation. Total monthly income equals $1,296/mo, and annual cash flow totals $1,046/yr on $56,355 invested. Return on cash invested prints 21.76% in year one, and rental yield reads 9.15% against a $170,000 entry. Equity gained on principal adds $1,097/yr, while 5% annual appreciation compiles into $46,968 by year five. Five-year ROI reaches 114.06% and total cumulative return in cash sums $64,281. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,296/mo property income covering a $832/mo payment, not borrower’s personal income.
Manufactured
Built in 1998
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76078, Rhome, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,203 (100%) |
| Owner Occupied HU | 3,527 (83.9%) |
| Renter Occupied HU | 495 (11.8%) |
| Vacant Housing Units | 181 ( 4.3%) |
| Median Home Value | $377,331 |
| Average Home Value | $441,454 |
Housing Distribution
Address Breakdown
Residential
4,000
Single Family
4,000
Multi-Family
0
Businesses
245
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