2344 Clearwater WayRoyse CityTX75189
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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 Royse City at 2344 Clearwater Way, Royse City, TX, 75189 listed at $313,814 pairs $2,506/mo rent with a $1,536/mo payment to leave $274/mo cash flow. Total monthly income runs $2,506/mo, and annual cash flow reaches $3,293/yr on $104,029 cash to close. Return on cash invested measures 23.07% in year one, and rental yield registers 9.58% at a $313,814 basis. Equity gained on principal adds $2,025/yr, and annual property appreciation at 5% supports $86,701 by year five. Five-year ROI tracks 121.04% and total cumulative return in cash totals $125,921. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,506/mo property income relative to a $1,536/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
4,935 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75189, Royse City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,871 (100%) |
| Owner Occupied HU | 18,051 (86.5%) |
| Renter Occupied HU | 1,937 ( 9.3%) |
| Vacant Housing Units | 883 ( 4.2%) |
| Median Home Value | $366,037 |
| Average Home Value | $408,538 |
Housing Distribution
Address Breakdown
Residential
19,440
Single Family
19,006
Multi-Family
434
Businesses
690
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Listed by: Dina Verteramo • Dina Verteramo
Mls Name: NTREIS
Mls ID: #21085453