2928 Shoemaker DrRoyse CityTX75189
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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 Royse City at 2928 Shoemaker Dr, Royse City, TX, 75189 generates $2,265/mo in rent, after a $1,542/mo payment. Total monthly income is $2,265/mo. Return on cash invested sits at 19.65% in year one, and rental yield is 8.63% on a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 102.87% and total cumulative return in cash sums $107,417. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,265/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
N/A lot
$N/A/sqft
$572 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75189, Royse City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,871 (100%) |
| Owner Occupied HU | 18,051 (86.5%) |
| Renter Occupied HU | 1,937 ( 9.3%) |
| Vacant Housing Units | 883 ( 4.2%) |
| Median Home Value | $366,037 |
| Average Home Value | $408,538 |
Housing Distribution
Address Breakdown
Residential
19,440
Single Family
19,006
Multi-Family
434
Businesses
690
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Listed by: Stacie Noble • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #20895874
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.