1907 Coleto RdCrandallTX75114
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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 Crandall at 1907 Coleto Rd, Crandall, TX, 75114 priced at $308,380 pairs $4,303/mo rent with $2,069/mo cash flow after a $1,509/mo payment. Total monthly income equals $4,303/mo, and annual cash flow comes to $24,825/yr on $102,228 invested. Return on cash invested is 44.19% in year one, and rental yield stands at 16.74% on a $308,380 basis. Equity gained on principal adds $1,990/yr, and 5% annual appreciation accumulates to $85,200 by year five. Five-year ROI measures 234.46% and total cumulative return in cash reaches $239,679. For financing, Ziffy Mortgage’s DSCR program evaluates $4,303/mo property income against a $1,509/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
6,764 sqft lot
$N/A/sqft
$500 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75114, Crandall, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,446 (100%) |
| Owner Occupied HU | 4,703 (86.4%) |
| Renter Occupied HU | 355 ( 6.5%) |
| Vacant Housing Units | 388 ( 7.1%) |
| Median Home Value | $349,344 |
| Average Home Value | $383,560 |
Housing Distribution
Address Breakdown
Residential
4,537
Single Family
4,537
Multi-Family
0
Businesses
204
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Listed by: Bobbie Alexander • Alexander Properties - Dallas
Mls Name: NTREIS
Mls ID: #20619492
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.