129 Ivy LnRoanokeTX76262
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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 Roanoke at 129 Ivy Ln, Roanoke, TX, 76262 offers $1,523/mo rent that, after a $954/mo payment, leaves $137/mo cash flow. Total monthly income is $1,523/mo, and annual cash flow is $1,641/yr on $64,643 cash. Return on cash invested measures 22.45% in year one, and rental yield stands at 9.37% at a $195,000 entry. Equity gained on principal adds $1,258/yr while 5% annual appreciation compounds into $53,875 by year five. Five-year ROI records 117.67% and total cumulative return in cash reaches $76,066. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,523/mo property income versus a $954/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1999
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76262, Roanoke, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,094 (100%) |
| Owner Occupied HU | 11,796 (65.2%) |
| Renter Occupied HU | 5,240 (29.0%) |
| Vacant Housing Units | 1,058 ( 5.8%) |
| Median Home Value | $607,697 |
| Average Home Value | $702,771 |
Housing Distribution
Address Breakdown
Residential
17,546
Single Family
13,611
Multi-Family
3,935
Businesses
1,307
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Listed by: Raymond Derstein • Beem Realty, LLC
Mls Name: NTREIS
Mls ID: #21033055
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.