2896 Redfern 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
Rental property for sale in Trophy Club at 2896 Redfern Dr, Trophy Club, TX, 76262 generates $6,154/mo in rent and, after a $3,671/mo payment, leaves $792/mo in cash flow. Total monthly income is $6,154/mo, and annual cash flow is $9,501/yr on $246,750 invested. Return on cash invested sits at 23.91% in year one, and rental yield is 9.85% on a $750,000 entry. Equity gained on principal adds $4,840/yr, while 5% annual appreciation builds toward $207,211 over five years. Five-year ROI reaches 125.53% and total cumulative return in cash sums $309,750. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,154/mo property income rather than buyer’s personal income.
Single Family
Built in 2015
9,104 sqft lot
$N/A/sqft
$345 annually 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: Darrell Self • DMD Realty, LLC
Mls Name: NTREIS
Mls ID: #20700324
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.