2016 E Grand Oaks DrAlleytonTX78935
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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 Alleyton at 2016 E Grand Oaks Dr, Alleyton, TX, 78935 priced at $1,199,000 converts $840/mo rent into after a $5,869/mo obligation. Total monthly income equals $840/mo. Return on cash invested prints -3.79% in year one, and rental yield reads 0.84% against a $1,199,000 entry. Equity gained on principal adds $7,737/yr, while 5% annual appreciation compiles into $331,262 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $840/mo property income covering a $5,869/mo payment, not borrower’s personal income.
Single Family
Built in 2021
14.77 Acres lot
$N/A/sqft
$1,616 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78935, Alleyton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 423 (100%) |
| Owner Occupied HU | 310 (73.3%) |
| Renter Occupied HU | 75 (17.7%) |
| Vacant Housing Units | 38 ( 9.0%) |
| Median Home Value | $277,778 |
| Average Home Value | $445,758 |
Housing Distribution
Address Breakdown
Residential
489
Single Family
489
Multi-Family
0
Businesses
14
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Listed by: Lindi Braddock • Coldwell Banker Properties Unlimited
Mls Name: HAR
Mls Provider:
Mls ID: #89353045
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