2616 Chadwick LnVenusTX76084
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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
Rental property for sale in Venus at 2616 Chadwick Ln, Venus, TX, 76084 priced at $450,000 converts $4,824/mo rent into $1,548/mo cash flow after a $2,203/mo obligation. Total monthly income equals $4,824/mo, and annual cash flow totals $18,575/yr on $149,175 invested. Return on cash invested prints 32.36% in year one, and rental yield reads 12.86% against a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation compiles into $124,327 by year five. Five-year ROI reaches 171.04% and total cumulative return in cash sums $255,150. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,824/mo property income covering a $2,203/mo payment, not borrower’s personal income.
Single Family
Built in 2019
7,797 sqft lot
$N/A/sqft
$907 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76084, Venus, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,458 (100%) |
| Owner Occupied HU | 4,567 (83.7%) |
| Renter Occupied HU | 548 (10.0%) |
| Vacant Housing Units | 343 ( 6.3%) |
| Median Home Value | $329,699 |
| Average Home Value | $357,856 |
Housing Distribution
Address Breakdown
Residential
5,310
Single Family
5,195
Multi-Family
115
Businesses
179
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Listed by: Elizabeth Deane • TDT Realtors
Mls Name: NTREIS
Mls ID: #20695565
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.