15805 Gladewater TerProsperTX75078
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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 Prosper at 15805 Gladewater Ter, Prosper, TX, 75078 uses $240,137 cash to close to unlock $9,928/yr annual cash flow and $827/mo monthly cash flow. Total monthly income runs $6,060/mo, and a $3,573/mo payment keeps the spread at $827/mo. Purchase price stands at $729,900, and rental yield measures 9.96% with $6,060/mo rent. Return on cash invested shows 24.19% in year one, and 5% annual appreciation builds toward $201,658 over five years. Five-year ROI reaches 127.1% and total cumulative return in cash records $305,203. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,060/mo property income covering a $3,573/mo payment rather than investor’s personal income.
Single Family
Built in 2016
6,838 sqft lot
$N/A/sqft
$513 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75078, Prosper, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,313 (100%) |
| Owner Occupied HU | 14,666 (75.9%) |
| Renter Occupied HU | 2,459 (12.7%) |
| Vacant Housing Units | 2,188 (11.3%) |
| Median Home Value | $704,763 |
| Average Home Value | $764,345 |
Housing Distribution
Address Breakdown
Residential
18,014
Single Family
16,310
Multi-Family
1,704
Businesses
1,413
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Listed by: Cristiane Minetto • Keller Williams Realty Allen
Mls Name: NTREIS
Mls ID: #20941609
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.