1508 Syracuse DrVan AlstyneTX75495
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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
Total monthly income runs $2,460/mo, and a $1,958/mo payment. Purchase price stands at $399,999, and rental yield measures 7.38% with $2,460/mo rent. Return on cash invested shows 16.43% in year one, and 5% annual appreciation builds toward $110,512 over five years. Five-year ROI reaches 85.4% and total cumulative return in cash records $113,235. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,460/mo property income covering a $1,958/mo payment rather than investor’s personal income.
Single Family
Built in 2005
6,359 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75495, Van Alstyne, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,303 (100%) |
| Owner Occupied HU | 4,241 (80.0%) |
| Renter Occupied HU | 712 (13.4%) |
| Vacant Housing Units | 350 ( 6.6%) |
| Median Home Value | $387,546 |
| Average Home Value | $443,015 |
Housing Distribution
Address Breakdown
Residential
4,656
Single Family
4,253
Multi-Family
403
Businesses
355
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Listed by: Brett Ross • Century 21 First Group
Mls Name: NTREIS
Mls ID: #21117921