302 Chestnut Cove CirSouthlakeTX76092
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Southlake at 302 Chestnut Cove Cir, Southlake, TX, 76092 with 5% annual appreciation on a $959,600 basis while $7,284/mo rent supports operations. Total monthly income totals $7,284/mo and a $4,697/mo payment preserves $460/mo for cash returns. Annual cash flow comes to $5,519/yr on $315,708 deployed, and return on cash invested reaches 21.81% in year one. Equity gained on principal adds $6,192/yr, and five-year appreciation sums $265,120 alongside rental yield of 9.11%. Five-year ROI measures 114.21% and total cumulative return in cash totals $360,568.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $7,284/mo property income versus a $4,697/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76092, Southlake, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,160 (100%) |
| Owner Occupied HU | 9,321 (91.7%) |
| Renter Occupied HU | 652 ( 6.4%) |
| Vacant Housing Units | 187 ( 1.8%) |
| Median Home Value | $829,989 |
| Average Home Value | $956,145 |
Housing Distribution
Address Breakdown
Residential
10,137
Single Family
9,918
Multi-Family
219
Businesses
2,742
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices