1804 Walnut AveCarrolltonTX75006
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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
Investment property for sale in Carrollton at 1804 Walnut Ave, Carrollton, TX, 75006 offers a 8.62% rental yield on a $305,000 purchase with $2,191/mo rent. Total monthly income registers $2,191/mo, and a $1,493/mo payment leaves $22/mo available for distribution. Annual cash flow reaches $263/yr on $101,108 to close, and return on cash invested stands at 20.17% in year one. Equity gained on principal adds $1,968/yr while 5% annual appreciation supports $84,266 over five years. Portfolio math shows five-year ROI at 105.44% and total cumulative return in cash at $106,606. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,191/mo property income against a $1,493/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
9,016 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75006, Carrollton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,503 (100%) |
| Owner Occupied HU | 9,330 (47.8%) |
| Renter Occupied HU | 9,140 (46.9%) |
| Vacant Housing Units | 1,033 ( 5.3%) |
| Median Home Value | $334,267 |
| Average Home Value | $359,234 |
Housing Distribution
Address Breakdown
Residential
19,005
Single Family
12,160
Multi-Family
6,845
Businesses
2,847
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Listed by: April Taylor • Redfin Corporation
Mls Name: NTREIS
Mls ID: #21049352