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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Northlake at 1808 McGee Ave, Northlake, TX, 76226 generates $3,804/mo in rent and, after a $2,276/mo payment, leaves $497/mo in cash flow. Total monthly income is $3,804/mo, and annual cash flow is $5,967/yr on $154,148 invested. Return on cash invested sits at 23.78% in year one, and rental yield is 9.82% on a $465,000 entry. Equity gained on principal adds $3,001/yr, while 5% annual appreciation builds toward $128,471 over five years. Five-year ROI reaches 124.83% and total cumulative return in cash sums $192,419. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,804/mo property income rather than buyer’s personal income.
Single Family
Built in 2015
5,749 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76226, Argyle, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,414 (100%) |
| Owner Occupied HU | 15,448 (88.7%) |
| Renter Occupied HU | 1,291 ( 7.4%) |
| Vacant Housing Units | 675 ( 3.9%) |
| Median Home Value | $615,556 |
| Average Home Value | $679,325 |
Residential
16,345
Single Family
16,345
Multi-Family
0
Businesses
916
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Deanna Hill • Phelps Realty Group, LLC
Mls Name: NTREIS
Mls ID: #21057627
