1241 Wild Cherry DrCarrolltonTX75010
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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 Carrollton at 1241 Wild Cherry Dr, Carrollton, TX, 75010 priced at $579,900 converts $5,628/mo rent into $1,464/mo cash flow after a $2,838/mo obligation. Total monthly income equals $5,628/mo, and annual cash flow totals $17,573/yr on $190,787 invested. Return on cash invested prints 29.27% in year one, and rental yield reads 11.65% against a $579,900 entry. Equity gained on principal adds $3,742/yr, while 5% annual appreciation compiles into $160,216 by year five. Five-year ROI reaches 154.33% and total cumulative return in cash sums $294,445. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,628/mo property income covering a $2,838/mo payment, not borrower’s personal income.
Single Family
Built in 1993
0.16 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75010, Carrollton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,941 (100%) |
| Owner Occupied HU | 8,233 (51.6%) |
| Renter Occupied HU | 6,735 (42.2%) |
| Vacant Housing Units | 973 ( 6.1%) |
| Median Home Value | $538,705 |
| Average Home Value | $586,114 |
Housing Distribution
Address Breakdown
Residential
14,756
Single Family
8,378
Multi-Family
6,378
Businesses
610
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Listed by: Bob Smith • Smith & Associates Realty
Mls Name: NTREIS
Mls ID: #20615106
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.