122 Bull Durham RdWills PointTX75169
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Wills Point at 122 Bull Durham Rd, Wills Point, TX, 75169 offers $2,072/mo rent that, after a $1,062/mo payment, leaves $529/mo cash flow. Total monthly income is $2,072/mo, and annual cash flow is $6,350/yr on $71,902 cash. Return on cash invested measures 28.74% in year one, and rental yield stands at 11.46% at a $216,900 entry. Equity gained on principal adds $1,400/yr while 5% annual appreciation compounds into $59,925 by year five. Five-year ROI records 151.49% and total cumulative return in cash reaches $108,922. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,072/mo property income versus a $1,062/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75169, Wills Point, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,834 (100%) |
| Owner Occupied HU | 5,380 (68.7%) |
| Renter Occupied HU | 1,664 (21.2%) |
| Vacant Housing Units | 790 (10.1%) |
| Median Home Value | $230,460 |
| Average Home Value | $317,907 |
Housing Distribution
Address Breakdown
Residential
6,794
Single Family
6,744
Multi-Family
50
Businesses
484
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sherry Scott Moore • Century 21 NexGen Realty
Mls Name: NTREIS
Mls ID: #21103616