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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Colleyville at 1617 Devon Dr, Colleyville, TX, 76034 earns $3,486/mo cash flow from $8,215/mo rent with a $3,255/mo payment. Total monthly income totals $8,215/mo, and annual cash flow totals $41,831/yr on $218,785 capital. ROI tracks 39.18% on current figures, and rental yield reads 14.82% at a $665,000 purchase. Equity gained on principal adds $4,291/yr, and 5% annual appreciation supports $183,727 over five years. Five-year ROI reaches 207.36% and total cumulative return in cash sums $453,679. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $8,215/mo property income instead of your personal income.
Single Family
Built in 1972
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76034, Colleyville, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,412 (100%) |
| Owner Occupied HU | 8,472 (90.0%) |
| Renter Occupied HU | 681 ( 7.2%) |
| Vacant Housing Units | 259 ( 2.8%) |
| Median Home Value | $664,112 |
| Average Home Value | $763,457 |
Residential
9,431
Single Family
9,272
Multi-Family
159
Businesses
1,522
Date | Event | Price |
|---|---|---|
| 2024-07-29 | Price change | $665,000 |
| 2024-07-25 | Listed for sale | $695,000 |
| 2024-07-21 | Contingent | $725,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2021-08-14 | N/A | N/A | $11 | N/A |
| 2020-08-14 | N/A | N/A | $11 | -100.00% |
| 2019-08-14 | $1395.42 | 0.14% | $379,021 | 0.23% |
Listed by: Sabrina Fernando • Berkshire HathawayHS PenFed TX
Mls Name: NTREIS
Mls ID: #20669722
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.
