1116 Cobalt DrCelinaTX75009
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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 Celina at 1116 Cobalt Dr, Celina, TX, 75009 priced at $429,000 pairs $3,578/mo rent with $527/mo cash flow after a $2,100/mo payment. Total monthly income equals $3,578/mo, and annual cash flow comes to $6,325/yr on $142,214 invested. Return on cash invested is 24.36% in year one, and rental yield stands at 10.01% on a $429,000 basis. Equity gained on principal adds $2,768/yr, and 5% annual appreciation accumulates to $118,525 by year five. Five-year ROI measures 127.93% and total cumulative return in cash reaches $181,933. For financing, Ziffy Mortgage’s DSCR program evaluates $3,578/mo property income against a $2,100/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2021
6,838 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75009, Celina, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,429 (100%) |
| Owner Occupied HU | 11,602 (70.6%) |
| Renter Occupied HU | 2,714 (16.5%) |
| Vacant Housing Units | 2,113 (12.9%) |
| Median Home Value | $589,775 |
| Average Home Value | $647,628 |
Housing Distribution
Address Breakdown
Residential
12,596
Single Family
11,932
Multi-Family
664
Businesses
466
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