275 Novy RdEnnisTX75119
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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 Ennis at 275 Novy Rd, Ennis, TX, 75119 at $845,000 posts ROI 18.06% with from $5,545/mo rent. Total monthly income equals $5,545/mo. Return on cash invested measures 18.06% and rental yield reads 7.87% at the current $845,000. Equity gained on principal adds $5,453/yr, and 5% annual appreciation supports $233,458 by year five. Five-year ROI prints 94.09% and total cumulative return in cash totals $261,576. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,545/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2005
11.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75119, Ennis, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,156 (100%) |
| Owner Occupied HU | 6,955 (62.3%) |
| Renter Occupied HU | 3,633 (32.6%) |
| Vacant Housing Units | 568 ( 5.1%) |
| Median Home Value | $283,970 |
| Average Home Value | $318,336 |
Housing Distribution
Address Breakdown
Residential
11,994
Single Family
10,557
Multi-Family
1,437
Businesses
767
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Listed by: Amelia Valdez • Amelia Valdez City Real Estate
Mls Name: NTREIS
Mls ID: #20557789
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.