12200 Steeplechase 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
Investment property for sale in Providence Village at 12200 Steeplechase Dr, Providence Village, TX, 76227 listed at $230,074 pairs $1,599/mo rent with a $1,126/mo payment. Total monthly income runs $1,599/mo. Return on cash invested measures 19.33% in year one, and rental yield registers 8.34% at a $230,074 basis. Equity gained on principal adds $1,485/yr, and annual property appreciation at 5% supports $63,565 by year five. Five-year ROI tracks 100.92% and total cumulative return in cash totals $76,974. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,599/mo property income relative to a $1,126/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
2,831 sqft lot
$N/A/sqft
No 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: Jared Turner • Turner Mangum,LLC
Mls Name: NTREIS
Mls ID: #21099038