255 Fm 1504Wills PointTX75169
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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 Wills Point at 255 Fm 1504, Wills Point, TX, 75169 uses $91,826 cash to close to unlock $2,844/yr annual cash flow and $237/mo monthly cash flow. Total monthly income runs $2,207/mo, and a $1,356/mo payment keeps the spread at $237/mo. Purchase price stands at $277,000, and rental yield measures 9.56% with $2,207/mo rent. Return on cash invested shows 23.01% in year one, and 5% annual appreciation builds toward $76,530 over five years. Five-year ROI reaches 120.65% and total cumulative return in cash records $110,787. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,207/mo property income covering a $1,356/mo payment rather than investor’s personal income.
Single Family
Built in 2004
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75169, Wills Point, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,834 (100%) |
| Owner Occupied HU | 5,380 (68.7%) |
| Renter Occupied HU | 1,664 (21.2%) |
| Vacant Housing Units | 790 (10.1%) |
| Median Home Value | $230,460 |
| Average Home Value | $317,907 |
Housing Distribution
Address Breakdown
Residential
6,794
Single Family
6,744
Multi-Family
50
Businesses
484
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Listed by: Rodney Holland • Keller Williams Rockwall
Mls Name: NTREIS
Mls ID: #20924849
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.