32 Smith Acres DrRoyse CityTX75189
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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 Royse City at 32 Smith Acres Dr, Royse City, TX, 75189 generates $1,315/mo in rent and, after a $832/mo payment, leaves $106/mo in cash flow. Total monthly income is $1,315/mo, and annual cash flow is $1,274/yr on $56,355 invested. Return on cash invested sits at 22.17% in year one, and rental yield is 9.28% on a $170,000 entry. Equity gained on principal adds $1,097/yr, while 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 116.26% and total cumulative return in cash sums $65,517. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,315/mo property income rather than buyer’s personal income.
Manufactured
Built in 1980
1.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75189, Royse City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,871 (100%) |
| Owner Occupied HU | 18,051 (86.5%) |
| Renter Occupied HU | 1,937 ( 9.3%) |
| Vacant Housing Units | 883 ( 4.2%) |
| Median Home Value | $366,037 |
| Average Home Value | $408,538 |
Housing Distribution
Address Breakdown
Residential
19,440
Single Family
19,006
Multi-Family
434
Businesses
690
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Listed by: Tatiana Mendoza • Mersaes Real Estate, Inc.
Mls Name: NTREIS
Mls ID: #21064130
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.