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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 Argyle at 2013 Gray Tower Way, Argyle, TX, 76226 priced at $599,000 pairs $4,759/mo rent with $449/mo cash flow after a $2,932/mo payment. Total monthly income equals $4,759/mo, and annual cash flow comes to $5,391/yr on $197,071 invested. Return on cash invested is 22.8% in year one, and rental yield stands at 9.53% on a $599,000 basis. Equity gained on principal adds $3,865/yr, and 5% annual appreciation accumulates to $165,493 by year five. Five-year ROI measures 119.63% and total cumulative return in cash reaches $235,762. For financing, Ziffy Mortgage’s DSCR program evaluates $4,759/mo property income against a $2,932/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2022
6,751 sqft lot
$N/A/sqft
$600 annually 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 |
|---|---|---|
| 2025-04-07 | Listed for sale | $599,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-07 | $8279.77 | 103.99% | $521,059 | 118.64% |
| 2023-04-07 | $4058.83 | N/A | $238,323 | N/A |
Listed by: Srinivas Chidurala • Citiwide Alliance Realty
Mls Name: NTREIS
Mls ID: #20892594
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.
