211 Morningside DrRoanokeTX76262
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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
Investment property for sale in Roanoke at 211 Morningside Dr, Roanoke, TX, 76262 with 5% annual appreciation on a $1,370,000 basis while $3,474/mo rent supports operations. 34% in year one. Equity gained on principal adds $8,840/yr, and five-year appreciation sums $378,506 alongside rental yield of 3.04%. Five-year ROI measures 10.19% and total cumulative return in cash totals $45,213. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,474/mo property income versus a $6,705/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2025
5,749 sqft lot
$N/A/sqft
$400 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76262, Roanoke, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,094 (100%) |
| Owner Occupied HU | 11,796 (65.2%) |
| Renter Occupied HU | 5,240 (29.0%) |
| Vacant Housing Units | 1,058 ( 5.8%) |
| Median Home Value | $607,697 |
| Average Home Value | $702,771 |
Housing Distribution
Address Breakdown
Residential
17,546
Single Family
13,611
Multi-Family
3,935
Businesses
1,307
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Listed by: Jill Price • Compass RE Texas, LLC
Mls Name: NTREIS
Mls ID: #21010165
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.