121 Dove LndgRoyse CityTX75189
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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 Royse City at 121 Dove Lndg, Royse City, TX, 75189 priced at $975,465 converts $5,660/mo rent into after a $4,774/mo obligation. Total monthly income equals $5,660/mo. Return on cash invested prints 15.17% in year one, and rental yield reads 6.96% against a $975,465 entry. Equity gained on principal adds $6,295/yr, while 5% annual appreciation compiles into $269,503 by year five. Five-year ROI reaches 78.66% and total cumulative return in cash sums $252,449. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,660/mo property income covering a $4,774/mo payment, not borrower’s personal income.
Single Family
Built in 2017
2 Acres lot
$N/A/sqft
$375 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75189, Royse City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,871 (100%) |
| Owner Occupied HU | 18,051 (86.5%) |
| Renter Occupied HU | 1,937 ( 9.3%) |
| Vacant Housing Units | 883 ( 4.2%) |
| Median Home Value | $366,037 |
| Average Home Value | $408,538 |
Housing Distribution
Address Breakdown
Residential
19,440
Single Family
19,006
Multi-Family
434
Businesses
690
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Listed by: Kim Reasor • Jeanette Anderson Real Estate
Mls Name: NTREIS
Mls ID: #20717801
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.