110 Carmel DrBullardTX75757
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
Total monthly income runs $2,944/mo, and a $2,423/mo payment. Purchase price stands at $495,000, and rental yield measures 7.14% with $2,944/mo rent. Return on cash invested shows 12.69% in year one, and 5% annual appreciation builds toward $136,759 over five years. Five-year ROI reaches 66.42% and total cumulative return in cash records $108,994. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,944/mo property income covering a $2,423/mo payment rather than investor’s personal income.
Single Family
Built in 2002
N/A lot
$N/A/sqft
$411 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75757, Bullard, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,745 (100%) |
| Owner Occupied HU | 4,356 (75.8%) |
| Renter Occupied HU | 892 (15.5%) |
| Vacant Housing Units | 497 ( 8.7%) |
| Median Home Value | $300,855 |
| Average Home Value | $345,717 |
Housing Distribution
Address Breakdown
Residential
6,218
Single Family
6,140
Multi-Family
78
Businesses
309
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Julie Taylor • Berkshire Hathaway HomeServices Premier Properties
Mls Name: GTARMLS
Mls Provider:
Mls ID: #25008575
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.