1904 Louis Miller DrRoyse CityTX75189
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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 Royse City at 1904 Louis Miller Dr, Royse City, TX, 75189 earns $537/mo cash flow from $2,464/mo rent with a $1,326/mo payment. Total monthly income totals $2,464/mo, and annual cash flow totals $6,447/yr on $89,837 capital. ROI tracks 27.09% on current figures, and rental yield reads 10.91% at a $271,000 purchase. Equity gained on principal adds $1,749/yr, and 5% annual appreciation supports $74,872 over five years. Five-year ROI reaches 142.56% and total cumulative return in cash sums $128,067. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,464/mo property income instead of your personal income.
Single Family
Built in 2016
7,666 sqft lot
$N/A/sqft
No 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: Amber Broadway • Opendoor Brokerage, LLC
Mls Name: NTREIS
Mls ID: #20998027