309 Redbud LnWilmerTX75172
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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
Investment property for sale in Wilmer at 309 Redbud Ln, Wilmer, TX, 75172 uses $75,914 cash to close to unlock $5,309/yr annual cash flow and $442/mo monthly cash flow. Total monthly income runs $2,071/mo, and a $1,121/mo payment keeps the spread at $442/mo. Purchase price stands at $229,000, and rental yield measures 10.85% with $2,071/mo rent. Return on cash invested shows 26.9% in year one, and 5% annual appreciation builds toward $63,268 over five years. Five-year ROI reaches 141.59% and total cumulative return in cash records $107,489. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,071/mo property income covering a $1,121/mo payment rather than investor’s personal income.
Single Family
Built in 1972
9,539 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75172, Wilmer, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,928 (100%) |
| Owner Occupied HU | 1,059 (54.9%) |
| Renter Occupied HU | 735 (38.1%) |
| Vacant Housing Units | 134 ( 7.0%) |
| Median Home Value | $140,132 |
| Average Home Value | $168,730 |
Housing Distribution
Address Breakdown
Residential
2,278
Single Family
1,106
Multi-Family
1,172
Businesses
150
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