3203 Ironstone Rd, Argyle, TX, 76226 | 8.35% Rental Yield

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3203 Ironstone Rd, Argyle, TX, 76226 | 8.35% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Argyle at 3203 Ironstone Rd, Argyle, TX, 76226 earns from $3,228/mo rent with a $2,271/mo payment. Total monthly income totals $3,228/mo. ROI tracks 19.35% on current figures, and rental yield reads 8.35% at a $464,000 purchase. Equity gained on principal adds $2,994/yr, and 5% annual appreciation supports $128,195 over five years. Five-year ROI reaches 101.07% and total cumulative return in cash sums $155,457. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,228/mo property income instead of your personal income.

Single Family

Built in 2021

7,143 sqft lot

$N/A/sqft

No HOA

More details about the property

This property is a highly sought after single story home on a corner lot in the Canyon Falls Master Community. Built in 2021, this 3 bedroom, 2 bath home also includes a study and two car garage with extra storage. As you enter the home, you will be drawn by the wood floors to the open concept living, kitchen and dining area with granite counters, gas cooktop, and updated lighting. The extended covered patio boasts a wood burning fireplace and a grilling station with granite counters and storage. This great area extends your living to the outdoors. The expansive primary bath has dual vanities, soaking tub and walk in shower. All water is kept warm by the tankless hot water system. The Hoa fees include your internet, direct tv, front yard maintenance, as well as access to multiple community pools, splash pads, parks and extensive walking trails.

Neighborhood Data

Neighborhood data shown for ZIP Code: 76226, Argyle, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	17,414 (100%)
Owner Occupied HU	15,448 (88.7%)
Renter Occupied HU	1,291 ( 7.4%)
Vacant Housing Units	675 ( 3.9%)
Median Home Value	$615,556
Average Home Value	$679,325