2946 Lockwood DrCarrolltonTX75007
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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 Carrollton at 2946 Lockwood Dr, Carrollton, TX, 75007 priced at $270,000 pairs $1,933/mo rent with $13/mo cash flow after a $1,322/mo payment. Total monthly income equals $1,933/mo, and annual cash flow comes to $150/yr on $89,505 invested. Return on cash invested is 20.08% in year one, and rental yield stands at 8.59% on a $270,000 basis. Equity gained on principal adds $1,742/yr, and 5% annual appreciation accumulates to $74,596 by year five. Five-year ROI measures 104.98% and total cumulative return in cash reaches $93,961. For financing, Ziffy Mortgage’s DSCR program evaluates $1,933/mo property income against a $1,322/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1972
9,583 sqft lot
$N/A/sqft
No HOA
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Listed by: Erin Alvarado • HomeSmart Stars
Mls Name: NTREIS
Mls ID: #20896089
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.