1517 Velda Kay LnHasletTX76052
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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 Haslet at 1517 Velda Kay Ln, Haslet, TX, 76052 offers a 24.67% rental yield on a $200,000 purchase with $4,111/mo rent. Total monthly income registers $4,111/mo, and a $979/mo payment leaves $2,689/mo available for distribution. Annual cash flow reaches $32,264/yr on $66,300 to close, and return on cash invested stands at 68.57% in year one. Equity gained on principal adds $1,291/yr while 5% annual appreciation supports $55,256 over five years. Portfolio math shows five-year ROI at 365.03% and total cumulative return in cash at $242,012. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,111/mo property income against a $979/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Lot
Built in N/A
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76052, Haslet, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,869 (100%) |
| Owner Occupied HU | 12,259 (82.4%) |
| Renter Occupied HU | 2,138 (14.4%) |
| Vacant Housing Units | 472 ( 3.2%) |
| Median Home Value | $441,156 |
| Average Home Value | $497,392 |
Housing Distribution
Address Breakdown
Residential
13,607
Single Family
13,101
Multi-Family
506
Businesses
605
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Listed by: Angie Gabel • Texas Property Brokers, LLC
Mls Name: NTREIS
Mls ID: #20569197
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.