1309 Driftwood DrEulessTX76040
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
Rental property for sale in Euless at 1309 Driftwood Dr, Euless, TX, 76040 generates $2,993/mo in rent, after a $2,325/mo payment. Total monthly income is $2,993/mo. Return on cash invested sits at 16.98% in year one, and rental yield is 7.56% on a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 88.35% and total cumulative return in cash sums $139,111. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,993/mo property income rather than buyer’s personal income.
Single Family
Built in 1966
0.38 Acres 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