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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Colleyville at 121 Cheek Sparger Rd, Colleyville, TX, 76034 offers $2,126/mo rent that, after a $1,786/mo payment. Total monthly income is $2,126/mo. Return on cash invested measures 15.26% in year one, and rental yield stands at 6.99% at a $365,000 entry. Equity gained on principal adds $2,355/yr while 5% annual appreciation compounds into $100,843 by year five. Five-year ROI records 79.09% and total cumulative return in cash reaches $95,695. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,126/mo property income versus a $1,786/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76034, Colleyville, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,412 (100%) |
| Owner Occupied HU | 8,472 (90.0%) |
| Renter Occupied HU | 681 ( 7.2%) |
| Vacant Housing Units | 259 ( 2.8%) |
| Median Home Value | $664,112 |
| Average Home Value | $763,457 |
Residential
9,431
Single Family
9,272
Multi-Family
159
Businesses
1,522
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Michelle Carrasco • Century 21 Mike Bowman, Inc.
Mls Name: NTREIS
Mls ID: #21073835
