2529 Broadway DrTrophy ClubTX76262
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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 Trophy Club at 2529 Broadway Dr, Trophy Club, TX, 76262 listed at $738,300 pairs $6,257/mo rent with a $3,614/mo payment to leave $790/mo cash flow. Total monthly income runs $6,257/mo, and annual cash flow reaches $9,482/yr on $242,901 cash to close. Return on cash invested measures 23.96% in year one, and rental yield registers 10.17% at a $738,300 basis. Equity gained on principal adds $4,764/yr, and annual property appreciation at 5% supports $203,979 by year five. Five-year ROI tracks 126.17% and total cumulative return in cash totals $306,472. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,257/mo property income relative to a $3,614/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Apartment
Built in 2009
7,492 sqft lot
$N/A/sqft
$28 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76262, Roanoke, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,094 (100%) |
| Owner Occupied HU | 11,796 (65.2%) |
| Renter Occupied HU | 5,240 (29.0%) |
| Vacant Housing Units | 1,058 ( 5.8%) |
| Median Home Value | $607,697 |
| Average Home Value | $702,771 |
Housing Distribution
Address Breakdown
Residential
17,546
Single Family
13,611
Multi-Family
3,935
Businesses
1,307
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Listed by: N/A • N/A
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Mls ID: #N/A