1821 Elderberry StRoyse CityTX75189
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Royse City at 1821 Elderberry St, Royse City, TX, 75189 generates $2,914/mo in rent and, after a $1,664/mo payment, leaves $449/mo in cash flow. Total monthly income is $2,914/mo, and annual cash flow is $5,386/yr on $112,710 invested. Return on cash invested sits at 24.69% in year one, and rental yield is 10.28% on a $340,000 entry. Equity gained on principal adds $2,194/yr, while 5% annual appreciation builds toward $93,936 over five years. Five-year ROI reaches 129.86% and total cumulative return in cash sums $146,370. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,914/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
6,229 sqft lot
$N/A/sqft
$570 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jaime Huddleston • Top Notch Realty & Associates
Mls Name: NTREIS
Mls ID: #20978956
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.