1501 Romans RdEnnisTX75119
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
Rental property for sale in Ennis at 1501 Romans Rd, Ennis, TX, 75119 priced at $327,791 converts $2,531/mo rent into $200/mo cash flow after a $1,604/mo obligation. Total monthly income equals $2,531/mo, and annual cash flow totals $2,405/yr on $108,663 invested. Return on cash invested prints 22.12% in year one, and rental yield reads 9.27% against a $327,791 entry. Equity gained on principal adds $2,115/yr, while 5% annual appreciation compiles into $90,563 by year five. Five-year ROI reaches 115.93% and total cumulative return in cash sums $125,977. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,531/mo property income covering a $1,604/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75119, Ennis, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,156 (100%) |
| Owner Occupied HU | 6,955 (62.3%) |
| Renter Occupied HU | 3,633 (32.6%) |
| Vacant Housing Units | 568 ( 5.1%) |
| Median Home Value | $283,970 |
| Average Home Value | $318,336 |
Housing Distribution
Address Breakdown
Residential
11,994
Single Family
10,557
Multi-Family
1,437
Businesses
767
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