1608 18th St, Northlake, TX, 76226 | $3,598/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1608 18th St, Northlake, TX, 76226 | $3,598/mo Cash Flow | Ziffy

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Northlake at 1608 18th St, Northlake, TX, 76226 generates $9,235/mo in rent and, after a $3,880/mo payment, leaves $3,598/mo in cash flow. Total monthly income is $9,235/mo, and annual cash flow is $43,173/yr on $260,808 invested. Return on cash invested sits at 36.61% in year one, and rental yield is 13.98% on a $792,728 entry. Equity gained on principal adds $5,115/yr, while 5% annual appreciation builds toward $219,016 over five years. Five-year ROI reaches 193.6% and total cumulative return in cash sums $504,928. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $9,235/mo property income rather than buyer’s personal income.

Single Family

Built in 2024

N/A lot

$N/A/sqft

No HOA

More details about the property

Luxury and functionality co-mingle seamlessly in this gorgeous 4 bedroom home. The beautiful foyer features soaring two story volume leading you into the home, past the grand staircase and into an open concept kitchen, living and dining space - an entertainer's dream. The walls of windows allow the living and dining spaces to be flooded with natural light, seamlessly connecting you to the outdoors, while the oversized kitchen features extensive cabinets, a large corner pantry and a huge eat-in island. At the front of the home is a private study, next to a secondary bedroom with private bath - a perfect retreat for guests. Across the hall is the powder bathroom, tucked away next to the staircase. The primary suite at the rear of the home is a luxurious oasis, made for rest and relaxation after a long day. Upstairs, a spacious game room, huge entertainment space and second powder bath are ideal for a game and movie night with family and friends. The additional two secondary bedrooms share a jack and jill bathroom, completing this magnificent home.

Neighborhood Data

Neighborhood data shown for ZIP Code: 76226, Argyle, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	17,414 (100%)
Owner Occupied HU	15,448 (88.7%)
Renter Occupied HU	1,291 ( 7.4%)
Vacant Housing Units	675 ( 3.9%)
Median Home Value	$615,556
Average Home Value	$679,325