2616 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 2616 Broadway Dr, Trophy Club, TX, 76262 offers a 9.13% rental yield on a $699,900 purchase with $5,326/mo rent. Total monthly income registers $5,326/mo, and a $3,426/mo payment leaves $349/mo available for distribution. Annual cash flow reaches $4,183/yr on $230,267 to close, and return on cash invested stands at 21.88% in year one. Equity gained on principal adds $4,516/yr while 5% annual appreciation supports $193,369 over five years. Portfolio math shows five-year ROI at 114.58% and total cumulative return in cash at $263,840. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,326/mo property income against a $3,426/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2010
7,230 sqft lot
$N/A/sqft
No 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: Simon Wei • U Property Management
Mls Name: NTREIS
Mls ID: #21080116