1116 Walnut StRoyse CityTX75189
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
Investment property for sale in Royse City at 1116 Walnut St, Royse City, TX, 75189 listed at $325,000 pairs $2,346/mo rent with a $1,591/mo payment to leave $35/mo cash flow. Total monthly income runs $2,346/mo, and annual cash flow reaches $415/yr on $107,738 cash to close. Return on cash invested measures 20.29% in year one, and rental yield registers 8.66% at a $325,000 basis. Equity gained on principal adds $2,097/yr, and annual property appreciation at 5% supports $89,792 by year five. Five-year ROI tracks 106.13% and total cumulative return in cash totals $114,337. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,346/mo property income relative to a $1,591/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1993
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75189, Royse City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,871 (100%) |
| Owner Occupied HU | 18,051 (86.5%) |
| Renter Occupied HU | 1,937 ( 9.3%) |
| Vacant Housing Units | 883 ( 4.2%) |
| Median Home Value | $366,037 |
| Average Home Value | $408,538 |
Housing Distribution
Address Breakdown
Residential
19,440
Single Family
19,006
Multi-Family
434
Businesses
690
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brigitte Barkley • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #20896499