2862 Nottingham DrTrophy ClubTX76262
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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 Trophy Club at 2862 Nottingham Dr, Trophy Club, TX, 76262 with 5% annual appreciation on a $750,000 basis while $5,976/mo rent supports operations. Total monthly income totals $5,976/mo and a $3,671/mo payment preserves $580/mo for cash returns. Annual cash flow comes to $6,955/yr on $246,750 deployed, and return on cash invested reaches 22.88% in year one. Equity gained on principal adds $4,840/yr, and five-year appreciation sums $207,211 alongside rental yield of 9.56%. Five-year ROI measures 120.07% and total cumulative return in cash totals $296,274.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,976/mo property income versus a $3,671/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2016
5,575 sqft lot
$N/A/sqft
$125 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76262, Roanoke, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,094 (100%) |
| Owner Occupied HU | 11,796 (65.2%) |
| Renter Occupied HU | 5,240 (29.0%) |
| Vacant Housing Units | 1,058 ( 5.8%) |
| Median Home Value | $607,697 |
| Average Home Value | $702,771 |
Housing Distribution
Address Breakdown
Residential
17,546
Single Family
13,611
Multi-Family
3,935
Businesses
1,307
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Listed by: Jose Herrera • Coldwell Banker Realty
Mls Name: NTREIS
Mls ID: #20758333
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.