120 Wagon Wheel CirLeonardTX75452
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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
Investment property for sale in Leonard at 120 Wagon Wheel Cir, Leonard, TX, 75452 listed at $675,000 pairs $2,851/mo rent with a $3,304/mo payment. Total monthly income runs $2,851/mo. Return on cash invested measures 9.53% in year one, and rental yield registers 5.07% at a $675,000 basis. Equity gained on principal adds $4,356/yr, and annual property appreciation at 5% supports $186,490 by year five. Five-year ROI tracks 48.36% and total cumulative return in cash totals $107,391. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,851/mo property income relative to a $3,304/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2002
5.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75452, Leonard, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,098 (100%) |
| Owner Occupied HU | 1,459 (69.5%) |
| Renter Occupied HU | 434 (20.7%) |
| Vacant Housing Units | 205 ( 9.8%) |
| Median Home Value | $276,141 |
| Average Home Value | $355,331 |
Housing Distribution
Address Breakdown
Residential
1,861
Single Family
1,830
Multi-Family
31
Businesses
109
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