1605 Coventry CtFarmers BranchTX75234
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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
Rental property for sale in Farmers Branch at 1605 Coventry Ct, Farmers Branch, TX, 75234 offers $4,598/mo rent that, after a $3,277/mo payment. Total monthly income is $4,598/mo. Return on cash invested measures 18.52% in year one, and rental yield stands at 8.24% at a $669,500 entry. Equity gained on principal adds $4,320/yr while 5% annual appreciation compounds into $184,971 by year five. Five-year ROI records 96.85% and total cumulative return in cash reaches $213,328. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,598/mo property income versus a $3,277/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
5,501 sqft lot
$N/A/sqft
$1,425 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75234, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,711 (100%) |
| Owner Occupied HU | 7,358 (41.5%) |
| Renter Occupied HU | 8,433 (47.6%) |
| Vacant Housing Units | 1,920 (10.8%) |
| Median Home Value | $381,329 |
| Average Home Value | $469,512 |
Housing Distribution
Address Breakdown
Residential
17,700
Single Family
8,971
Multi-Family
8,729
Businesses
2,307
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Listed by: Casey Lee • Texas Legacy Realty
Mls Name: NTREIS
Mls ID: #20678975
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.