316 Tate LnAnnaTX75409
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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 Anna at 316 Tate Ln, Anna, TX, 75409 generates $2,399/mo in rent, after a $1,706/mo payment. Total monthly income is $2,399/mo. Return on cash invested sits at 18.56% in year one, and rental yield is 8.26% on a $348,500 entry. Equity gained on principal adds $2,249/yr, while 5% annual appreciation builds toward $96,284 over five years. Five-year ROI reaches 97.05% and total cumulative return in cash sums $112,115. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,399/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
7,274 sqft lot
$N/A/sqft
$600 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75409, Anna, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,900 (100%) |
| Owner Occupied HU | 9,415 (79.1%) |
| Renter Occupied HU | 1,579 (13.3%) |
| Vacant Housing Units | 906 ( 7.6%) |
| Median Home Value | $413,873 |
| Average Home Value | $457,656 |
Housing Distribution
Address Breakdown
Residential
10,582
Single Family
10,446
Multi-Family
136
Businesses
423
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Listed by: Laura Robertson • Keller Williams Realty Allen
Mls Name: NTREIS
Mls ID: #20904865
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.