2835 Keller Springs Rd APT 603CarrolltonTX75006
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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 Carrollton at 2835 Keller Springs Rd APT 603, Carrollton, TX, 75006 uses $56,687 cash to close to unlock $4,907/yr annual cash flow and $409/mo monthly cash flow. Total monthly income runs $1,625/mo, and a $837/mo payment keeps the spread at $409/mo. Purchase price stands at $171,000, and rental yield measures 11.4% with $1,625/mo rent. Return on cash invested shows 28.57% in year one, and 5% annual appreciation builds toward $47,244 over five years. Five-year ROI reaches 150.49% and total cumulative return in cash records $85,307. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,625/mo property income covering a $837/mo payment rather than investor’s personal income.
Condo
Built in 1984
4.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75006, Carrollton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,503 (100%) |
| Owner Occupied HU | 9,330 (47.8%) |
| Renter Occupied HU | 9,140 (46.9%) |
| Vacant Housing Units | 1,033 ( 5.3%) |
| Median Home Value | $334,267 |
| Average Home Value | $359,234 |
Housing Distribution
Address Breakdown
Residential
19,005
Single Family
12,160
Multi-Family
6,845
Businesses
2,847
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Listed by: Nicholas Nordman • Ebby Halliday, REALTORS
Mls Name: NTREIS
Mls ID: #21076765