3003 Meadow Bluff DrWylieTX75098
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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 Wylie at 3003 Meadow Bluff Dr, Wylie, TX, 75098 priced at $336,900 converts $2,774/mo rent into $363/mo cash flow after a $1,649/mo obligation. Total monthly income equals $2,774/mo, and annual cash flow totals $4,350/yr on $111,682 invested. Return on cash invested prints 23.8% in year one, and rental yield reads 9.88% against a $336,900 entry. Equity gained on principal adds $2,174/yr, while 5% annual appreciation compiles into $93,079 by year five. Five-year ROI reaches 125.02% and total cumulative return in cash sums $139,625. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,774/mo property income covering a $1,649/mo payment, not borrower’s personal income.
Single Family
Built in 2006
6,838 sqft lot
$N/A/sqft
$47 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75098, Wylie, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,342 (100%) |
| Owner Occupied HU | 20,222 (79.8%) |
| Renter Occupied HU | 4,520 (17.8%) |
| Vacant Housing Units | 600 ( 2.4%) |
| Median Home Value | $465,315 |
| Average Home Value | $527,786 |
Housing Distribution
Address Breakdown
Residential
24,598
Single Family
21,952
Multi-Family
2,646
Businesses
1,460
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Listed by: Linda Schilz • Linsch Realty LLC
Mls Name: NTREIS
Mls ID: #20688340
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.