12125 Morgan DrProvidence VillageTX76227
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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 Providence Village at 12125 Morgan Dr, Providence Village, TX, 76227 generates $1,986/mo in rent and, after a $1,238/mo payment, leaves $93/mo in cash flow. Total monthly income is $1,986/mo, and annual cash flow is $1,118/yr on $83,869 invested. Return on cash invested sits at 21.24% in year one, and rental yield is 9.42% on a $252,999 entry. Equity gained on principal adds $1,633/yr, while 5% annual appreciation builds toward $69,899 over five years. Five-year ROI reaches 111.74% and total cumulative return in cash sums $93,711. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,986/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
2,831 sqft lot
$N/A/sqft
$1,128 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76227, Aubrey, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,420 (100%) |
| Owner Occupied HU | 23,091 (78.5%) |
| Renter Occupied HU | 4,666 (15.9%) |
| Vacant Housing Units | 1,663 ( 5.7%) |
| Median Home Value | $479,180 |
| Average Home Value | $571,581 |
Housing Distribution
Address Breakdown
Residential
29,729
Single Family
25,985
Multi-Family
3,744
Businesses
756
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Listed by: N/A • Turner Mangum LLC
Mls Name: NTREIS
Mls ID: #20868832
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.