2837 Ermine WayFarmers BranchTX75234
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Farmers Branch at 2837 Ermine Way, Farmers Branch, TX, 75234 with 5% annual appreciation on a $195,000 basis while $3,695/mo rent supports operations. Total monthly income totals $3,695/mo and a $954/mo payment preserves $2,309/mo for cash returns. Annual cash flow comes to $27,705/yr on $64,643 deployed, and return on cash invested reaches 62.77% in year one. Equity gained on principal adds $1,258/yr, and five-year appreciation sums $53,875 alongside rental yield of 22.74%. Five-year ROI measures 333.88% and total cumulative return in cash totals $215,830.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,695/mo property income versus a $954/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Lot
Built in N/A
8,755 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75234, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,711 (100%) |
| Owner Occupied HU | 7,358 (41.5%) |
| Renter Occupied HU | 8,433 (47.6%) |
| Vacant Housing Units | 1,920 (10.8%) |
| Median Home Value | $381,329 |
| Average Home Value | $469,512 |
Housing Distribution
Address Breakdown
Residential
17,700
Single Family
8,971
Multi-Family
8,729
Businesses
2,307
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jason Claunch • Jason Claunch
Mls Name: NTREIS
Mls ID: #20692109
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.