1616 Basalt DrCelinaTX75009
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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 Celina at 1616 Basalt Dr, Celina, TX, 75009 priced at $350,990 converts $2,964/mo rent into $393/mo cash flow after a $1,718/mo obligation. Total monthly income equals $2,964/mo, and annual cash flow totals $4,716/yr on $116,353 invested. Return on cash invested prints 23.96% in year one, and rental yield reads 10.13% against a $350,990 entry. Equity gained on principal adds $2,265/yr, while 5% annual appreciation compiles into $96,972 by year five. Five-year ROI reaches 126.05% and total cumulative return in cash sums $146,665. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,964/mo property income covering a $1,718/mo payment, not borrower’s personal income.
Single Family
Built in 2025
5,227 sqft lot
$N/A/sqft
$900 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75009, Celina, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,429 (100%) |
| Owner Occupied HU | 11,602 (70.6%) |
| Renter Occupied HU | 2,714 (16.5%) |
| Vacant Housing Units | 2,113 (12.9%) |
| Median Home Value | $589,775 |
| Average Home Value | $647,628 |
Housing Distribution
Address Breakdown
Residential
12,596
Single Family
11,932
Multi-Family
664
Businesses
466
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Listed by: David Clinton • DR Horton, America's Builder
Mls Name: NTREIS
Mls ID: #20920365
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.