1707 Langham RdProvidence VillageTX76227
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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 Providence Village at 1707 Langham Rd, Providence Village, TX, 76227 priced at $337,800 pairs $4,103/mo rent with $1,454/mo cash flow after a $1,653/mo payment. Total monthly income equals $4,103/mo, and annual cash flow comes to $17,451/yr on $111,981 invested. Return on cash invested is 35.49% in year one, and rental yield stands at 14.58% on a $337,800 basis. Equity gained on principal adds $2,180/yr, and 5% annual appreciation accumulates to $93,328 by year five. Five-year ROI measures 188.6% and total cumulative return in cash reaches $211,200. For financing, Ziffy Mortgage’s DSCR program evaluates $4,103/mo property income against a $1,653/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2019
5,706 sqft lot
$N/A/sqft
$436 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76227, Aubrey, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,420 (100%) |
| Owner Occupied HU | 23,091 (78.5%) |
| Renter Occupied HU | 4,666 (15.9%) |
| Vacant Housing Units | 1,663 ( 5.7%) |
| Median Home Value | $479,180 |
| Average Home Value | $571,581 |
Housing Distribution
Address Breakdown
Residential
29,729
Single Family
25,985
Multi-Family
3,744
Businesses
756
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Listed by: Jacqueline Lipe • RE/MAX Select Homes
Mls Name: NTREIS
Mls ID: #20653502
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.