216 Sycamore PlWilmerTX75141
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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 Wilmer at 216 Sycamore Pl, Wilmer, TX, 75141 generates $1,863/mo in rent, after a $1,272/mo payment. Total monthly income is $1,863/mo. Return on cash invested sits at 19.07% in year one, and rental yield is 8.6% on a $259,899 entry. Equity gained on principal adds $1,677/yr, while 5% annual appreciation builds toward $71,805 over five years. Five-year ROI reaches 99.95% and total cumulative return in cash sums $86,110. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,863/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
4,400 sqft lot
$N/A/sqft
$899 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75141, Hutchins, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,862 (100%) |
| Owner Occupied HU | 1,142 (61.3%) |
| Renter Occupied HU | 649 (34.9%) |
| Vacant Housing Units | 71 ( 3.8%) |
| Median Home Value | $112,871 |
| Average Home Value | $195,557 |
Housing Distribution
Address Breakdown
Residential
1,904
Single Family
1,570
Multi-Family
334
Businesses
227
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Listed by: Jared Turner • Turner Mangum LLC
Mls Name: NTREIS
Mls ID: #21041824
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.