1501 Bricknell 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 1501 Bricknell Dr, Glenn Heights, TX, 75154 listed at $364,999 pairs $3,014/mo rent with a $1,786/mo payment to leave $419/mo cash flow. Total monthly income runs $3,014/mo, and annual cash flow reaches $5,027/yr on $120,997 cash to close. Return on cash invested measures 24.06% in year one, and rental yield registers 9.91% at a $364,999 basis. Equity gained on principal adds $2,355/yr, and annual property appreciation at 5% supports $100,842 by year five. Five-year ROI tracks 126.33% and total cumulative return in cash totals $152,851. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,014/mo property income relative to a $1,786/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2015
10,001 sqft lot
$N/A/sqft
No 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: Tarus Monroe • OnDemand Realty
Mls Name: NTREIS
Mls ID: #21161093