1657 Olive AveCelinaTX75009
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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 1657 Olive Ave, Celina, TX, 75009 offers $7,109/mo rent that, after a $3,891/mo payment, leaves $1,321/mo cash flow. Total monthly income is $7,109/mo, and annual cash flow is $15,849/yr on $261,552 cash. Return on cash invested measures 26.12% in year one, and rental yield stands at 10.73% at a $794,990 entry. Equity gained on principal adds $5,130/yr while 5% annual appreciation compounds into $219,641 by year five. Five-year ROI records 137.56% and total cumulative return in cash reaches $359,779. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $7,109/mo property income versus a $3,891/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
8,668 sqft lot
$N/A/sqft
$135 monthly 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: Joseph Spurlock • Keller Williams Realty DPR
Mls Name: NTREIS
Mls ID: #20643956
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.