1723 Creek View Dr, Glenn Heights, TX, 75154 | $489/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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1723 Creek View Dr, Glenn Heights, TX, 75154 | $489/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Glenn Heights at 1723 Creek View Dr, Glenn Heights, TX, 75154 earns $489/mo cash flow from $1,698/mo rent with a $832/mo payment. Total monthly income totals $1,698/mo, and annual cash flow totals $5,870/yr on $56,355 capital. ROI tracks 30.32% on current figures, and rental yield reads 11.99% at a $170,000 purchase. Equity gained on principal adds $1,097/yr, and 5% annual appreciation supports $46,968 over five years. Five-year ROI reaches 159.97% and total cumulative return in cash sums $90,153. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,698/mo property income instead of your personal income.

Single Family

Built in 1983

3,746 sqft lot

$N/A/sqft

No HOA

More details about the property

WHY RENT WHEN YOU CAN OWN? Darling updated half-duplex in excellent location. Walk to the DART Park and Ride. Easy commute to work, whether you work in Dallas, Waxahachie, or somewhere in between. The cook in your family will love the spacious U-shaped kitchen with plenty of cabinets, gorgeous granite counter tops and recent appliances. Spacious bedrooms with walk-in closets. Master bedroom has a vanity area and en-suite access to the bathroom. Recent paint and flooring. Covered porches front and back, plus an extra exterior storage closet for your lawn mower, yard tools, etc. Affordable homes that are move-in ready are hard to find in today's market, so this is a fabulous opportunity. This property qualifies for a grant of up to $7,000 to help you with your upfront purchase costs! There is grant money available for qualified owner-occupants with up to $10,000 toward down payment and $5,000 toward closing costs! This property would also make a great investment property, so investors are welcome.

Neighborhood Data

Neighborhood data shown for ZIP Code: 75154, Red Oak, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	18,844 (100%)
Owner Occupied HU	14,515 (77.0%)
Renter Occupied HU	3,735 (19.8%)
Vacant Housing Units	594 ( 3.2%)
Median Home Value	$347,833
Average Home Value	$386,647