3111 Sedge Grass DrMelissaTX75454
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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 Melissa at 3111 Sedge Grass Dr, Melissa, TX, 75454 offers a 9.43% rental yield on a $431,334 purchase with $3,390/mo rent. Total monthly income registers $3,390/mo, and a $2,111/mo payment leaves $323/mo available for distribution. Annual cash flow reaches $3,875/yr on $142,987 to close, and return on cash invested stands at 22.62% in year one. Equity gained on principal adds $2,783/yr while 5% annual appreciation supports $119,170 over five years. Portfolio math shows five-year ROI at 118.58% and total cumulative return in cash at $169,549. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,390/mo property income against a $2,111/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75454, Melissa, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,378 (100%) |
| Owner Occupied HU | 7,662 (81.7%) |
| Renter Occupied HU | 1,094 (11.7%) |
| Vacant Housing Units | 622 ( 6.6%) |
| Median Home Value | $562,846 |
| Average Home Value | $591,690 |
Housing Distribution
Address Breakdown
Residential
7,880
Single Family
7,524
Multi-Family
356
Businesses
319
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