1536 Wagon Wheel WayKrumTX76249
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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 Krum at 1536 Wagon Wheel Way, Krum, TX, 76249 listed at $369,000 pairs $2,743/mo rent with a $1,806/mo payment to leave $119/mo cash flow. Total monthly income runs $2,743/mo, and annual cash flow reaches $1,429/yr on $122,324 cash to close. Return on cash invested measures 21.08% in year one, and rental yield registers 8.92% at a $369,000 basis. Equity gained on principal adds $2,381/yr, and annual property appreciation at 5% supports $101,948 by year five. Five-year ROI tracks 110.35% and total cumulative return in cash totals $134,979. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,743/mo property income relative to a $1,806/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2021
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76249, Krum, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,952 (100%) |
| Owner Occupied HU | 3,057 (77.4%) |
| Renter Occupied HU | 744 (18.8%) |
| Vacant Housing Units | 151 ( 3.8%) |
| Median Home Value | $449,381 |
| Average Home Value | $571,968 |
Housing Distribution
Address Breakdown
Residential
3,755
Single Family
3,590
Multi-Family
165
Businesses
218
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