1587 W Farmington RdVan 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
Investment property for sale in Van Alstyne at 1587 W Farmington Rd, Van Alstyne, TX, 75495 with 5% annual appreciation on a $675,900 basis while $6,470/mo rent supports operations. Total monthly income totals $6,470/mo and a $3,308/mo payment preserves $1,664/mo for cash returns. Annual cash flow comes to $19,965/yr on $222,371 deployed, and return on cash invested reaches 29.04% in year one. Equity gained on principal adds $4,361/yr, and five-year appreciation sums $186,739 alongside rental yield of 11.49%. Five-year ROI measures 152.98% and total cumulative return in cash totals $340,173.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,470/mo property income versus a $3,308/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
1.03 Acres lot
$N/A/sqft
No 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: Kyle Skaar • Ultima Real Estate
Mls Name: NTREIS
Mls ID: #20522049
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.