1042 Saffron DrArgyleTX76226
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Argyle at 1042 Saffron Dr, Argyle, TX, 76226 priced at $535,420 converts $6,024/mo rent into $2,216/mo cash flow after a $2,621/mo obligation. Total monthly income equals $6,024/mo, and annual cash flow totals $26,594/yr on $176,153 invested. Return on cash invested prints 35.16% in year one, and rental yield reads 13.5% against a $535,420 entry. Equity gained on principal adds $3,455/yr, while 5% annual appreciation compiles into $147,927 by year five. Five-year ROI reaches 185.82% and total cumulative return in cash sums $327,328. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,024/mo property income covering a $2,621/mo payment, not borrower’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76226, Argyle, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
16,345
Single Family
16,345
Multi-Family
0
Businesses
916
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