2516 Sunridge RdCarrolltonTX75006
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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 2516 Sunridge Rd, Carrollton, TX, 75006 offers a 4.73% rental yield on a $599,000 purchase with $2,362/mo rent. 5% in year one. Equity gained on principal adds $3,865/yr while 5% annual appreciation supports $165,493 over five years. Portfolio math shows five-year ROI at 42.88% and total cumulative return in cash at $84,514. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,362/mo property income against a $2,932/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
10,367 sqft 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: Nicole Cannaday • Compass RE Texas, LLC
Mls Name: NTREIS
Mls ID: #21108488