1427 Streetman RdRoyse CityTX75189
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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 Royse City at 1427 Streetman Rd, Royse City, TX, 75189 offers a 8.59% rental yield on a $599,995 purchase with $4,295/mo rent. Total monthly income registers $4,295/mo, and a $2,937/mo payment leaves $28/mo available for distribution. Annual cash flow reaches $336/yr on $197,398 to close, and return on cash invested stands at 20.23% in year one. Equity gained on principal adds $3,872/yr while 5% annual appreciation supports $165,768 over five years. Portfolio math shows five-year ROI at 105.78% and total cumulative return in cash at $208,798. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,295/mo property income against a $2,937/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2015
2.11 Acres lot
$N/A/sqft
No 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
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Listed by: Elizabeth Hardwick • RE/MAX Four Corners
Mls Name: NTREIS
Mls ID: #21102313