1208 Scenic DrSouthlakeTX76092
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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 Southlake at 1208 Scenic Dr, Southlake, TX, 76092 earns $2,871/mo cash flow from $10,686/mo rent with a $5,379/mo payment. Total monthly income totals $10,686/mo, and annual cash flow totals $34,451/yr on $356,076 capital. ROI tracks 30.04% on current figures, and rental yield reads 11.67% at a $1,099,000 purchase. Equity gained on principal adds $7,092/yr, and 5% annual appreciation supports $303,633 over five years. Five-year ROI reaches 158.33% and total cumulative return in cash sums $563,778. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $10,686/mo property income instead of your personal income.
Single Family
Built in 1980
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76092, Southlake, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,160 (100%) |
| Owner Occupied HU | 9,321 (91.7%) |
| Renter Occupied HU | 652 ( 6.4%) |
| Vacant Housing Units | 187 ( 1.8%) |
| Median Home Value | $829,989 |
| Average Home Value | $956,145 |
Housing Distribution
Address Breakdown
Residential
10,137
Single Family
9,918
Multi-Family
219
Businesses
2,742
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Listed by: Anthony Depasquale • eXp Realty LLC
Mls Name: NTREIS
Mls ID: #20632256
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.