1517 Asbury 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
Rental property for sale in Van Alstyne at 1517 Asbury Dr, Van Alstyne, TX, 75495 generates $2,744/mo in rent and, after a $1,640/mo payment, leaves $302/mo in cash flow. Total monthly income is $2,744/mo, and annual cash flow is $3,620/yr on $111,053 invested. Return on cash invested sits at 23.17% in year one, and rental yield is 9.83% on a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 121.77% and total cumulative return in cash sums $135,224. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,744/mo property income rather than buyer’s personal income.
Single Family
Built in 2009
6,621 sqft lot
$N/A/sqft
$300 semi-annually 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: Nancy Vincent • Vincent Realty Group
Mls Name: NTREIS
Mls ID: #20977959
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.