1608 Thomas LnCarrolltonTX75010
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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 Carrollton at 1608 Thomas Ln, Carrollton, TX, 75010 listed at $875,000 pairs $5,032/mo rent with a $4,283/mo payment. Total monthly income runs $5,032/mo. Return on cash invested measures 15.1% in year one, and rental yield registers 6.9% at a $875,000 basis. Equity gained on principal adds $5,646/yr, and annual property appreciation at 5% supports $241,746 by year five. Five-year ROI tracks 78.23% and total cumulative return in cash totals $225,191. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,032/mo property income relative to a $4,283/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2000
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75010, Carrollton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,941 (100%) |
| Owner Occupied HU | 8,233 (51.6%) |
| Renter Occupied HU | 6,735 (42.2%) |
| Vacant Housing Units | 973 ( 6.1%) |
| Median Home Value | $538,705 |
| Average Home Value | $586,114 |
Housing Distribution
Address Breakdown
Residential
14,756
Single Family
8,378
Multi-Family
6,378
Businesses
610
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Listed by: Eva Bradley • All City Real Estate Ltd. Co
Mls Name: NTREIS
Mls ID: #21069564