15853 Highway 80EdgewoodTX75117
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Edgewood at 15853 Highway 80, Edgewood, TX, 75117 generates $2,074/mo in rent and, after a $1,361/mo payment, leaves $97/mo in cash flow. Total monthly income is $2,074/mo, and annual cash flow is $1,161/yr on $92,154 invested. Return on cash invested sits at 21.17% in year one, and rental yield is 8.95% on a $277,990 entry. Equity gained on principal adds $1,794/yr, while 5% annual appreciation builds toward $76,804 over five years. Five-year ROI reaches 110.82% and total cumulative return in cash sums $102,122. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,074/mo property income rather than buyer’s personal income.
Single Family
Built in 1957
1.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75117, Edgewood, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,858 (100%) |
| Owner Occupied HU | 1,288 (69.3%) |
| Renter Occupied HU | 399 (21.5%) |
| Vacant Housing Units | 171 ( 9.2%) |
| Median Home Value | $313,497 |
| Average Home Value | $669,722 |
Housing Distribution
Address Breakdown
Residential
1,581
Single Family
1,559
Multi-Family
22
Businesses
128
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marci Stapp • Coldwell Banker Realty Frisco
Mls Name: NTREIS
Mls ID: #20603958
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.