1421 Plantation Dr NColleyvilleTX76034
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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 Colleyville at 1421 Plantation Dr N, Colleyville, TX, 76034 generates $5,454/mo in rent and, after a $3,617/mo payment, leaves $199/mo in cash flow. Total monthly income is $5,454/mo, and annual cash flow is $2,387/yr on $243,131 invested. Return on cash invested sits at 21.04% in year one, and rental yield is 8.86% on a $739,000 entry. Equity gained on principal adds $4,769/yr, while 5% annual appreciation builds toward $204,172 over five years. Five-year ROI reaches 110.1% and total cumulative return in cash sums $267,680. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,454/mo property income rather than buyer’s personal income.
Single Family
Built in 1984
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76034, Colleyville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,412 (100%) |
| Owner Occupied HU | 8,472 (90.0%) |
| Renter Occupied HU | 681 ( 7.2%) |
| Vacant Housing Units | 259 ( 2.8%) |
| Median Home Value | $664,112 |
| Average Home Value | $763,457 |
Housing Distribution
Address Breakdown
Residential
9,431
Single Family
9,272
Multi-Family
159
Businesses
1,522
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Listed by: Cindy Metcalf • Wethington Agency
Mls Name: NTREIS
Mls ID: #21085910