221 Wenrick 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 221 Wenrick Dr, Roanoke, TX, 76262 offers a 9.69% rental yield on a $499,990 purchase with $4,039/mo rent. Total monthly income registers $4,039/mo, and a $2,447/mo payment leaves $484/mo available for distribution. Annual cash flow reaches $5,804/yr on $165,747 to close, and return on cash invested stands at 23.41% in year one. Equity gained on principal adds $3,226/yr while 5% annual appreciation supports $138,138 over five years. Portfolio math shows five-year ROI at 122.83% and total cumulative return in cash at $203,585. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,039/mo property income against a $2,447/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
7,492 sqft 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
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