129 Wakefield RdFateTX75189
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
Investment Highlights
Investment property for sale in Fate at 129 Wakefield Rd, Fate, TX, 75189 at $371,490 posts ROI 25.1% with $533/mo cash flow from $3,210/mo rent. Total monthly income equals $3,210/mo, and annual cash flow records $6,390/yr on $123,149 to close. Return on cash invested measures 25.1% and rental yield reads 10.37% at the current $371,490. Equity gained on principal adds $2,397/yr, and 5% annual appreciation supports $102,636 by year five. Five-year ROI prints 132.02% and total cumulative return in cash totals $162,581.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,210/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
6,599 sqft lot
$N/A/sqft
$432 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kim Reasor • Jeanette Anderson Real Estate
Mls Name: NTREIS
Mls ID: #21031538
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.