2401 Manchester DrCarrolltonTX75006
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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 Carrollton at 2401 Manchester Dr, Carrollton, TX, 75006 generates $4,138/mo in rent and, after a $2,447/mo payment, leaves $583/mo in cash flow. Total monthly income is $4,138/mo, and annual cash flow is $6,995/yr on $165,717 invested. Return on cash invested sits at 24.13% in year one, and rental yield is 9.93% on a $499,900 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,113 over five years. Five-year ROI reaches 126.68% and total cumulative return in cash sums $209,928. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,138/mo property income rather than buyer’s personal income.
Single Family
Built in 1993
0.27 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: Jane Clark • Keller Williams NO. Collin Cty
Mls Name: NTREIS
Mls ID: #21087673