108 Olympic DrWillow ParkTX76008
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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 Willow Park at 108 Olympic Dr, Willow Park, TX, 76008 priced at $385,000 pairs $3,390/mo rent with $583/mo cash flow after a $1,884/mo payment. Total monthly income equals $3,390/mo, and annual cash flow comes to $6,993/yr on $127,628 invested. Return on cash invested is 25.39% in year one, and rental yield stands at 10.57% on a $385,000 basis. Equity gained on principal adds $2,484/yr, and 5% annual appreciation accumulates to $106,368 by year five. Five-year ROI measures 133.67% and total cumulative return in cash reaches $170,602. For financing, Ziffy Mortgage’s DSCR program evaluates $3,390/mo property income against a $1,884/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2005
6,359 sqft lot
$N/A/sqft
$264 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76008, Aledo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,914 (100%) |
| Owner Occupied HU | 8,685 (87.6%) |
| Renter Occupied HU | 749 ( 7.6%) |
| Vacant Housing Units | 480 ( 4.8%) |
| Median Home Value | $528,969 |
| Average Home Value | $590,314 |
Housing Distribution
Address Breakdown
Residential
9,537
Single Family
9,524
Multi-Family
13
Businesses
763
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Listed by: Ryan Pafford • Points West Agency
Mls Name: NTREIS
Mls ID: #20909348
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.