208 Shelmar DrEulessTX76039
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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 Euless at 208 Shelmar Dr, Euless, TX, 76039 priced at $300,000 pairs $2,685/mo rent with $552/mo cash flow after a $1,468/mo payment. Total monthly income equals $2,685/mo, and annual cash flow comes to $6,624/yr on $99,450 invested. Return on cash invested is 26.57% in year one, and rental yield stands at 10.74% on a $300,000 basis. Equity gained on principal adds $1,936/yr, and 5% annual appreciation accumulates to $82,884 by year five. Five-year ROI measures 139.75% and total cumulative return in cash reaches $138,984. For financing, Ziffy Mortgage’s DSCR program evaluates $2,685/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1969
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76039, Euless, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,085 (100%) |
| Owner Occupied HU | 6,901 (38.2%) |
| Renter Occupied HU | 10,272 (56.8%) |
| Vacant Housing Units | 912 ( 5.0%) |
| Median Home Value | $402,162 |
| Average Home Value | $461,114 |
Housing Distribution
Address Breakdown
Residential
17,724
Single Family
8,530
Multi-Family
9,194
Businesses
737
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Listed by: Myers Jackson • Myers Jackson
Mls Name: HAR
Mls Provider:
Mls ID: #63086955
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