317 Carmel Canyon TrlJarrellTX76537
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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 Jarrell at 317 Carmel Canyon Trl, Jarrell, TX, 76537 priced at $242,900 converts $2,039/mo rent into $312/mo cash flow after a $1,189/mo obligation. Total monthly income equals $2,039/mo, and annual cash flow totals $3,739/yr on $80,521 invested. Return on cash invested prints 24.55% in year one, and rental yield reads 10.07% against a $242,900 entry. Equity gained on principal adds $1,567/yr, while 5% annual appreciation compiles into $67,109 by year five. Five-year ROI reaches 128.97% and total cumulative return in cash sums $103,849. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,039/mo property income covering a $1,189/mo payment, not borrower’s personal income.
Single Family
Built in 2026
3,602 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76537, Jarrell, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,016 (100%) |
| Owner Occupied HU | 6,922 (86.4%) |
| Renter Occupied HU | 769 ( 9.6%) |
| Vacant Housing Units | 325 ( 4.1%) |
| Median Home Value | $389,538 |
| Average Home Value | $457,281 |
Housing Distribution
Address Breakdown
Residential
7,662
Single Family
7,389
Multi-Family
273
Businesses
333
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