208 N Island DrTerrellTX75160
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 208 N Island Dr, Terrell, TX, 75160 in Terrell: $3,096/mo in rent, $623/mo net, 10.99% gross yield, all on a $337,900 acquisition. The 2.04 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $93,356 in value, and $3,112/yr in principal paydown steadily builds equity. Projected total cumulative return: $169,974.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11% | 6.2% |
| Monthly Cash Flow | $623 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,096 |
| Total Monthly Debt Service | $2,338 |
| DSCR Ratio | 1.32x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2026
N/A lot
$N/A/sqft
$419 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75160, Terrell, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,701 (100%) |
| Owner Occupied HU | 6,339 (59.2%) |
| Renter Occupied HU | 3,563 (33.3%) |
| Vacant Housing Units | 799 ( 7.5%) |
| Median Home Value | $313,227 |
| Average Home Value | $338,221 |
Housing Distribution
Address Breakdown
Residential
10,259
Single Family
8,530
Multi-Family
1,729
Businesses
1,261
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2026
N/A lot
$N/A/sqft
$419 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75160, Terrell, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,701 (100%) |
| Owner Occupied HU | 6,339 (59.2%) |
| Renter Occupied HU | 3,563 (33.3%) |
| Vacant Housing Units | 799 ( 7.5%) |
| Median Home Value | $313,227 |
| Average Home Value | $338,221 |
Housing Distribution
Address Breakdown
Residential
10,259
Single Family
8,530
Multi-Family
1,729
Businesses
1,261
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mona Hill • LGI Homes
Mls Name: NTREIS
Mls ID: #21236038
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.