2240 Tarpley Rd #464CarrolltonTX75006
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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 Carrollton at 2240 Tarpley Rd #464, Carrollton, TX, 75006 earns $548/mo cash flow from $2,148/mo rent with a $1,101/mo payment. Total monthly income totals $2,148/mo, and annual cash flow totals $6,579/yr on $74,588 capital. ROI tracks 28.73% on current figures, and rental yield reads 11.46% at a $225,000 purchase. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 over five years. Five-year ROI reaches 151.4% and total cumulative return in cash sums $112,929. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,148/mo property income instead of your personal income.
Condo
Built in 1982
11.22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75006, Carrollton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,503 (100%) |
| Owner Occupied HU | 9,330 (47.8%) |
| Renter Occupied HU | 9,140 (46.9%) |
| Vacant Housing Units | 1,033 ( 5.3%) |
| Median Home Value | $334,267 |
| Average Home Value | $359,234 |
Housing Distribution
Address Breakdown
Residential
19,005
Single Family
12,160
Multi-Family
6,845
Businesses
2,847
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Listed by: Shaun Walding • RE/MAX DFW Associates
Mls Name: NTREIS
Mls ID: #21154788