309 Village DrRed OakTX75154
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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 Red Oak at 309 Village Dr, Red Oak, TX, 75154 at $460,000 posts ROI 36.24% with $2,076/mo cash flow from $5,402/mo rent. Total monthly income equals $5,402/mo, and annual cash flow records $24,908/yr on $152,490 to close. Return on cash invested measures 36.24% and rental yield reads 14.09% at the current $460,000. Equity gained on principal adds $2,968/yr, and 5% annual appreciation supports $127,090 by year five. Five-year ROI prints 191.8% and total cumulative return in cash totals $292,477.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,402/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2006
5,488 sqft lot
$N/A/sqft
$668 annually 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: Omar Montoya • Ultima Real Estate Services
Mls Name: NTREIS
Mls ID: #20637917
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.