2924 Marsann LnFarmers BranchTX75234
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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 Farmers Branch at 2924 Marsann Ln, Farmers Branch, TX, 75234 uses $106,080 cash to close to unlock $29,012/yr annual cash flow and $2,418/mo monthly cash flow. Total monthly income runs $4,693/mo, and a $1,566/mo payment keeps the spread at $2,418/mo. Purchase price stands at $320,000, and rental yield measures 17.6% with $4,693/mo rent. Return on cash invested shows 47.26% in year one, and 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 250.7% and total cumulative return in cash records $265,947. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,693/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Single Family
Built in 1971
10,018 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
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Listed by: Tony Vasquez Jr. • RE/MAX DFW Associates
Mls Name: NTREIS
Mls ID: #20715315
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.