3166 Helix Bay DrCrandallTX75114
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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 Crandall at 3166 Helix Bay Dr, Crandall, TX, 75114 uses $86,190 cash to close to unlock $2,936/yr annual cash flow and $245/mo monthly cash flow. Total monthly income runs $2,094/mo, and a $1,273/mo payment keeps the spread at $245/mo. Purchase price stands at $260,000, and rental yield measures 9.66% with $2,094/mo rent. Return on cash invested shows 23.32% in year one, and 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 122.33% and total cumulative return in cash records $105,437. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,094/mo property income covering a $1,273/mo payment rather than investor’s personal income.
Single Family
Built in 2022
5,201 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75114, Crandall, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,446 (100%) |
| Owner Occupied HU | 4,703 (86.4%) |
| Renter Occupied HU | 355 ( 6.5%) |
| Vacant Housing Units | 388 ( 7.1%) |
| Median Home Value | $349,344 |
| Average Home Value | $383,560 |
Housing Distribution
Address Breakdown
Residential
4,537
Single Family
4,537
Multi-Family
0
Businesses
204
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