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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Argyle at 3032 Somerset Pl, Argyle, TX, 76226 at $479,990 posts ROI 29.62% with $1,288/mo cash flow from $4,759/mo rent. Total monthly income equals $4,759/mo, and annual cash flow records $15,452/yr on $159,117 to close. Return on cash invested measures 29.62% and rental yield reads 11.9% at the current $479,990. Equity gained on principal adds $3,097/yr, and 5% annual appreciation supports $132,612 by year five. Five-year ROI prints 156.29% and total cumulative return in cash totals $248,677.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,759/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
6,525 sqft lot
$N/A/sqft
$700 annually HOA
Neighborhood data shown for ZIP Code: 76226, Argyle, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,414 (100%) |
| Owner Occupied HU | 15,448 (88.7%) |
| Renter Occupied HU | 1,291 ( 7.4%) |
| Vacant Housing Units | 675 ( 3.9%) |
| Median Home Value | $615,556 |
| Average Home Value | $679,325 |
Residential
16,345
Single Family
16,345
Multi-Family
0
Businesses
916
Date | Event | Price |
|---|---|---|
| 2024-08-02 | Price change | $479,990 |
| 2024-07-27 | Listed for sale | $487,860 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Stephen Kahn • Century 21 Mike Bowman, Inc.
Mls Name: NTREIS
Mls ID: #20685805
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.
