309 Gypsum LnGlenn HeightsTX75154
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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 Glenn Heights at 309 Gypsum Ln, Glenn Heights, TX, 75154 generates $2,738/mo in rent and, after a $1,512/mo payment, leaves $541/mo in cash flow. Total monthly income is $2,738/mo, and annual cash flow is $6,493/yr on $102,434 invested. Return on cash invested sits at 26.25% in year one, and rental yield is 10.63% on a $309,000 entry. Equity gained on principal adds $1,994/yr, while 5% annual appreciation builds toward $85,371 over five years. Five-year ROI reaches 138.09% and total cumulative return in cash sums $141,449. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,738/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
10,280 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75154, Red Oak, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,844 (100%) |
| Owner Occupied HU | 14,515 (77.0%) |
| Renter Occupied HU | 3,735 (19.8%) |
| Vacant Housing Units | 594 ( 3.2%) |
| Median Home Value | $347,833 |
| Average Home Value | $386,647 |
Housing Distribution
Address Breakdown
Residential
18,969
Single Family
17,381
Multi-Family
1,588
Businesses
1,012
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Listed by: Mikaela Camacho • eXp Realty, LLC
Mls Name: NTREIS
Mls ID: #21153395