2800 Cameron Bay DrThe ColonyTX75056
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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 The Colony at 2800 Cameron Bay Dr, The Colony, TX, 75056 priced at $589,200 converts $3,847/mo rent into after a $2,884/mo obligation. Total monthly income equals $3,847/mo. Return on cash invested prints 17.81% in year one, and rental yield reads 7.84% against a $589,200 entry. Equity gained on principal adds $3,802/yr, while 5% annual appreciation compiles into $162,785 by year five. Five-year ROI reaches 92.83% and total cumulative return in cash sums $179,945. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,847/mo property income covering a $2,884/mo payment, not borrower’s personal income.
Single Family
Built in 2006
0.26 Acres lot
$N/A/sqft
$20 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75056, The Colony, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,083 (100%) |
| Owner Occupied HU | 16,441 (51.2%) |
| Renter Occupied HU | 13,404 (41.8%) |
| Vacant Housing Units | 2,238 ( 7.0%) |
| Median Home Value | $488,651 |
| Average Home Value | $527,353 |
Housing Distribution
Address Breakdown
Residential
31,154
Single Family
17,896
Multi-Family
13,258
Businesses
1,394
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