2702 Potomac DrMelissaTX75454
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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 Melissa at 2702 Potomac Dr, Melissa, TX, 75454 at $939,900 posts ROI 7.03% with from $3,390/mo rent. Total monthly income equals $3,390/mo. Return on cash invested measures 7.03% and rental yield reads 4.33% at the current $939,900. Equity gained on principal adds $6,065/yr, and 5% annual appreciation supports $259,677 by year five. Five-year ROI prints 35.06% and total cumulative return in cash totals $108,419. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,390/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2023
9,496 sqft lot
$N/A/sqft
$770 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75454, Melissa, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,378 (100%) |
| Owner Occupied HU | 7,662 (81.7%) |
| Renter Occupied HU | 1,094 (11.7%) |
| Vacant Housing Units | 622 ( 6.6%) |
| Median Home Value | $562,846 |
| Average Home Value | $591,690 |
Housing Distribution
Address Breakdown
Residential
7,880
Single Family
7,524
Multi-Family
356
Businesses
319
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Listed by: Shannon Patterson • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #20901888
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.