3100 Hereford DrThe ColonyTX75056
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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 The Colony at 3100 Hereford Dr, The Colony, TX, 75056 offers a 9.27% rental yield on a $539,000 purchase with $4,163/mo rent. Total monthly income registers $4,163/mo, and a $2,638/mo payment leaves $330/mo available for distribution. Annual cash flow reaches $3,963/yr on $177,331 to close, and return on cash invested stands at 22.29% in year one. Equity gained on principal adds $3,478/yr while 5% annual appreciation supports $148,916 over five years. Portfolio math shows five-year ROI at 116.85% and total cumulative return in cash at $207,204. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,163/mo property income against a $2,638/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2009
4,530 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75056, The Colony, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,083 (100%) |
| Owner Occupied HU | 16,441 (51.2%) |
| Renter Occupied HU | 13,404 (41.8%) |
| Vacant Housing Units | 2,238 ( 7.0%) |
| Median Home Value | $488,651 |
| Average Home Value | $527,353 |
Housing Distribution
Address Breakdown
Residential
31,154
Single Family
17,896
Multi-Family
13,258
Businesses
1,394
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Listed by: Missy Wadham • Regal, REALTORS
Mls Name: NTREIS
Mls ID: #21132775