113 Ellicott DrRoanokeTX76262
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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 Roanoke at 113 Ellicott Dr, Roanoke, TX, 76262 offers $2,764/mo rent that, after a $1,894/mo payment, leaves $12/mo cash flow. Total monthly income is $2,764/mo, and annual cash flow is $146/yr on $128,291 cash. Return on cash invested measures 20.02% in year one, and rental yield stands at 8.57% at a $387,000 entry. Equity gained on principal adds $2,497/yr while 5% annual appreciation compounds into $106,921 by year five. Five-year ROI records 104.69% and total cumulative return in cash reaches $134,306. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,764/mo property income versus a $1,894/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
7,579 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76262, Roanoke, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,094 (100%) |
| Owner Occupied HU | 11,796 (65.2%) |
| Renter Occupied HU | 5,240 (29.0%) |
| Vacant Housing Units | 1,058 ( 5.8%) |
| Median Home Value | $607,697 |
| Average Home Value | $702,771 |
Housing Distribution
Address Breakdown
Residential
17,546
Single Family
13,611
Multi-Family
3,935
Businesses
1,307
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