128 Wakefield RdFateTX75189
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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 Fate at 128 Wakefield Rd, Fate, TX, 75189 uses $134,420 cash to close to unlock $3,914/yr annual cash flow and $326/mo monthly cash flow. Total monthly income runs $3,210/mo, and a $1,985/mo payment keeps the spread at $326/mo. Purchase price stands at $405,490, and rental yield measures 9.5% with $3,210/mo rent. Return on cash invested shows 22.82% in year one, and 5% annual appreciation builds toward $112,029 over five years. Five-year ROI reaches 119.7% and total cumulative return in cash records $160,895. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,210/mo property income covering a $1,985/mo payment rather than investor’s personal income.
Single Family
Built in 2025
6,599 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75189, Royse City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,871 (100%) |
| Owner Occupied HU | 18,051 (86.5%) |
| Renter Occupied HU | 1,937 ( 9.3%) |
| Vacant Housing Units | 883 ( 4.2%) |
| Median Home Value | $366,037 |
| Average Home Value | $408,538 |
Housing Distribution
Address Breakdown
Residential
19,440
Single Family
19,006
Multi-Family
434
Businesses
690
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