12620 Sweet Bay DrEulessTX76040
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 12620 Sweet Bay Dr, Euless, TX, 76040 in Euless achieves a 1.50 ratio at $385,000: $2,600/mo rent versus $1,731/mo debt service. Rental yield 8.11%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 8.11% yield compounds alongside 5% annual appreciation projecting $106,368 in value. Total projected cumulative return: $138,700.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 6.2% |
| Monthly Cash Flow | $(161) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,600 |
| Total Monthly Debt Service | $2,585 |
| DSCR Ratio | 1.01x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2001
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76040, Euless, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,026 (100%) |
| Owner Occupied HU | 5,856 (41.8%) |
| Renter Occupied HU | 7,498 (53.5%) |
| Vacant Housing Units | 672 ( 4.8%) |
| Median Home Value | $351,081 |
| Average Home Value | $369,219 |
Housing Distribution
Address Breakdown
Residential
13,051
Single Family
8,310
Multi-Family
4,741
Businesses
813
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
Single Family
Built in 2001
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76040, Euless, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,026 (100%) |
| Owner Occupied HU | 5,856 (41.8%) |
| Renter Occupied HU | 7,498 (53.5%) |
| Vacant Housing Units | 672 ( 4.8%) |
| Median Home Value | $351,081 |
| Average Home Value | $369,219 |
Housing Distribution
Address Breakdown
Residential
13,051
Single Family
8,310
Multi-Family
4,741
Businesses
813
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices