1408 Lagoona LnEdgecliff VillageTX76134
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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 Edgecliff Village at 1408 Lagoona Ln, Edgecliff Village, TX, 76134 uses $84,533 cash to close to unlock $6,189/yr annual cash flow and $516/mo monthly cash flow. Total monthly income runs $2,329/mo, and a $1,248/mo payment keeps the spread at $516/mo. Purchase price stands at $255,000, and rental yield measures 10.96% with $2,329/mo rent. Return on cash invested shows 27.23% in year one, and 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 143.33% and total cumulative return in cash records $121,160. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,329/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Single Family
Built in 1973
9,234 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76134, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,373 (100%) |
| Owner Occupied HU | 5,934 (63.3%) |
| Renter Occupied HU | 3,001 (32.0%) |
| Vacant Housing Units | 438 ( 4.7%) |
| Median Home Value | $300,726 |
| Average Home Value | $318,461 |
Housing Distribution
Address Breakdown
Residential
9,311
Single Family
8,004
Multi-Family
1,307
Businesses
316
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Listed by: Kathy Carter • The Glory Team Realty LLC
Mls Name: NTREIS
Mls ID: #21100681