14587 Berklee DrAddisonTX75001
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
Total monthly income runs $2,683/mo, and a $1,948/mo payment. Purchase price stands at $398,000, and rental yield measures 8.09% with $2,683/mo rent. Return on cash invested shows 18.57% in year one, and 5% annual appreciation builds toward $109,960 over five years. Five-year ROI reaches 96.87% and total cumulative return in cash records $127,812. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,683/mo property income covering a $1,948/mo payment rather than investor’s personal income.
Townhouse
Built in 1997
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75001, Addison, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,386 (100%) |
| Owner Occupied HU | 1,729 (15.2%) |
| Renter Occupied HU | 8,698 (76.4%) |
| Vacant Housing Units | 959 ( 8.4%) |
| Median Home Value | $435,573 |
| Average Home Value | $459,089 |
Housing Distribution
Address Breakdown
Residential
11,354
Single Family
1,820
Multi-Family
9,534
Businesses
2,198
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices