1203 Whitecreek DrGlenn HeightsTX75154
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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 Glenn Heights at 1203 Whitecreek Dr, Glenn Heights, TX, 75154 uses $109,395 cash to close to unlock $5,866/yr annual cash flow and $489/mo monthly cash flow. Total monthly income runs $2,902/mo, and a $1,615/mo payment keeps the spread at $489/mo. Purchase price stands at $330,000, and rental yield measures 10.55% with $2,902/mo rent. Return on cash invested shows 25.27% in year one, and 5% annual appreciation builds toward $91,173 over five years. Five-year ROI reaches 133.07% and total cumulative return in cash records $145,571. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,902/mo property income covering a $1,615/mo payment rather than investor’s personal income.
Single Family
Built in 2005
6,577 sqft lot
$N/A/sqft
$182 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75154, Red Oak, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,844 (100%) |
| Owner Occupied HU | 14,515 (77.0%) |
| Renter Occupied HU | 3,735 (19.8%) |
| Vacant Housing Units | 594 ( 3.2%) |
| Median Home Value | $347,833 |
| Average Home Value | $386,647 |
Housing Distribution
Address Breakdown
Residential
18,969
Single Family
17,381
Multi-Family
1,588
Businesses
1,012
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Listed by: Keisha Sellers • Aplomb Real Estate
Mls Name: NTREIS
Mls ID: #20918706
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.