245 Silverwood CirSouthlakeTX76092
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Southlake at 245 Silverwood Cir, Southlake, TX, 76092 uses $364,500 cash to close to unlock $30,897/yr annual cash flow and $2,575/mo monthly cash flow. Total monthly income runs $10,687/mo, and a $5,506/mo payment keeps the spread at $2,575/mo. Purchase price stands at $1,125,000, and rental yield measures 11.4% with $10,687/mo rent. Return on cash invested shows 28.85% in year one, and 5% annual appreciation builds toward $310,817 over five years. Five-year ROI reaches 152.04% and total cumulative return in cash records $554,192. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $10,687/mo property income covering a $5,506/mo payment rather than investor’s personal income.
Single Family
Built in 1993
0.38 Acres lot
$N/A/sqft
$1,350 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76092, Southlake, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,160 (100%) |
| Owner Occupied HU | 9,321 (91.7%) |
| Renter Occupied HU | 652 ( 6.4%) |
| Vacant Housing Units | 187 ( 1.8%) |
| Median Home Value | $829,989 |
| Average Home Value | $956,145 |
Housing Distribution
Address Breakdown
Residential
10,137
Single Family
9,918
Multi-Family
219
Businesses
2,742
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Diana Squires • All City Real Estate, Ltd. Co.
Mls Name: NTREIS
Mls ID: #20696108
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.