1503 William Wallace StCrandallTX75114
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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 Crandall at 1503 William Wallace St, Crandall, TX, 75114 uses $100,411 cash to close to unlock $15,055/yr annual cash flow and $1,255/mo monthly cash flow. Total monthly income runs $3,444/mo, and a $1,483/mo payment keeps the spread at $1,255/mo. Purchase price stands at $302,900, and rental yield measures 13.64% with $3,444/mo rent. Return on cash invested shows 34.9% in year one, and 5% annual appreciation builds toward $83,686 over five years. Five-year ROI reaches 184.61% and total cumulative return in cash records $185,374. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,444/mo property income covering a $1,483/mo payment rather than investor’s personal income.
Single Family
Built in 2024
4,199 sqft lot
$N/A/sqft
$420 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75114, Crandall, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,446 (100%) |
| Owner Occupied HU | 4,703 (86.4%) |
| Renter Occupied HU | 355 ( 6.5%) |
| Vacant Housing Units | 388 ( 7.1%) |
| Median Home Value | $349,344 |
| Average Home Value | $383,560 |
Housing Distribution
Address Breakdown
Residential
4,537
Single Family
4,537
Multi-Family
0
Businesses
204
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Listed by: Mona Hill • LGI Homes
Mls Name: NTREIS
Mls ID: #20665893
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.