176 Pleasant Hill LnFateTX75189
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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 Fate at 176 Pleasant Hill Ln, Fate, TX, 75189 offers $2,771/mo rent that, after a $1,728/mo payment, leaves $188/mo cash flow. Total monthly income is $2,771/mo, and annual cash flow is $2,260/yr on $117,020 cash. Return on cash invested measures 21.84% in year one, and rental yield stands at 9.42% at a $353,000 entry. Equity gained on principal adds $2,278/yr while 5% annual appreciation compounds into $97,527 by year five. Five-year ROI records 114.7% and total cumulative return in cash reaches $134,216. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,771/mo property income versus a $1,728/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2014
6,229 sqft lot
$N/A/sqft
$433 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75189, Royse City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,871 (100%) |
| Owner Occupied HU | 18,051 (86.5%) |
| Renter Occupied HU | 1,937 ( 9.3%) |
| Vacant Housing Units | 883 ( 4.2%) |
| Median Home Value | $366,037 |
| Average Home Value | $408,538 |
Housing Distribution
Address Breakdown
Residential
19,440
Single Family
19,006
Multi-Family
434
Businesses
690
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Listed by: Jessica Mitchell • Monument Realty
Mls Name: NTREIS
Mls ID: #20968911
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.