2113 Tranquil CtRoanokeTX76262
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
Investment Highlights
Investment property for sale in Roanoke at 2113 Tranquil Ct, Roanoke, TX, 76262 uses $57,677 cash to close to unlock $13,564/yr annual cash flow and $1,130/mo monthly cash flow. Total monthly income runs $2,368/mo, and a $852/mo payment keeps the spread at $1,130/mo. Purchase price stands at $173,988, and rental yield measures 16.33% with $2,368/mo rent. Return on cash invested shows 43.43% in year one, and 5% annual appreciation builds toward $48,070 over five years. Five-year ROI reaches 230.22% and total cumulative return in cash records $132,781. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,368/mo property income covering a $852/mo payment rather than investor’s personal income.
Home Type Unknown
Built in N/A
1.32 Acres lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices