1322 Turnbridge DrGlenn HeightsTX75154
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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 Glenn Heights at 1322 Turnbridge Dr, Glenn Heights, TX, 75154 earns $609/mo cash flow from $3,254/mo rent with a $1,786/mo payment. Total monthly income totals $3,254/mo, and annual cash flow totals $7,307/yr on $120,998 capital. ROI tracks 25.95% on current figures, and rental yield reads 10.7% at a $365,000 purchase. Equity gained on principal adds $2,355/yr, and 5% annual appreciation supports $100,843 over five years. Five-year ROI reaches 136.61% and total cumulative return in cash sums $165,295. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,254/mo property income instead of your personal income.
Single Family
Built in 2011
10,018 sqft lot
$N/A/sqft
$300 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75154, Red Oak, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,844 (100%) |
| Owner Occupied HU | 14,515 (77.0%) |
| Renter Occupied HU | 3,735 (19.8%) |
| Vacant Housing Units | 594 ( 3.2%) |
| Median Home Value | $347,833 |
| Average Home Value | $386,647 |
Housing Distribution
Address Breakdown
Residential
18,969
Single Family
17,381
Multi-Family
1,588
Businesses
1,012
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Listed by: Jhante Penigar • VIP Realty
Mls Name: NTREIS
Mls ID: #20964543
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.