1938 Prospector LnRoyse 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
Rental property for sale in Royse City at 1938 Prospector Ln, Royse City, TX, 75189 priced at $373,990 pairs $3,210/mo rent with $488/mo cash flow after a $1,830/mo payment. Total monthly income equals $3,210/mo, and annual cash flow comes to $5,862/yr on $123,978 invested. Return on cash invested is 24.64% in year one, and rental yield stands at 10.3% on a $373,990 basis. Equity gained on principal adds $2,413/yr, and 5% annual appreciation accumulates to $103,327 by year five. Five-year ROI measures 129.64% and total cumulative return in cash reaches $160,726. For financing, Ziffy Mortgage’s DSCR program evaluates $3,210/mo property income against a $1,830/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
6,534 sqft lot
$N/A/sqft
$750 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
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Listed by: Kim Reasor • Jeanette Anderson Real Estate
Mls Name: NTREIS
Mls ID: #20826479
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.