316 Oxford DrRoanokeTX76262
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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 Roanoke at 316 Oxford Dr, Roanoke, TX, 76262 offers $3,982/mo rent that, after a $2,547/mo payment, leaves $282/mo cash flow. Total monthly income is $3,982/mo, and annual cash flow is $3,380/yr on $171,179 cash. Return on cash invested measures 22.03% in year one, and rental yield stands at 9.18% at a $520,300 entry. Equity gained on principal adds $3,357/yr while 5% annual appreciation compounds into $143,749 by year five. Five-year ROI records 115.43% and total cumulative return in cash reaches $197,589. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,982/mo property income versus a $2,547/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
7,187 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76262, Roanoke, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,094 (100%) |
| Owner Occupied HU | 11,796 (65.2%) |
| Renter Occupied HU | 5,240 (29.0%) |
| Vacant Housing Units | 1,058 ( 5.8%) |
| Median Home Value | $607,697 |
| Average Home Value | $702,771 |
Housing Distribution
Address Breakdown
Residential
17,546
Single Family
13,611
Multi-Family
3,935
Businesses
1,307
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Listed by: Kristine Patrick • The Mosaic Agency, LLC
Mls Name: NTREIS
Mls ID: #20977174
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.