3218 Feller LnRoyse 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
Investment property for sale in Royse City at 3218 Feller Ln, Royse City, TX, 75189 uses $111,049 cash to close to unlock $1,709/yr annual cash flow and $142/mo monthly cash flow. Total monthly income runs $2,525/mo, and a $1,640/mo payment keeps the spread at $142/mo. Purchase price stands at $334,990, and rental yield measures 9.05% with $2,525/mo rent. Return on cash invested shows 21.45% in year one, and 5% annual appreciation builds toward $92,552 over five years. Five-year ROI reaches 112.32% and total cumulative return in cash records $124,733. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,525/mo property income covering a $1,640/mo payment rather than investor’s personal income.
Single Family
Built in 2022
6,011 sqft 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: Trung Nguyen • Texas Signature Realty
Mls Name: NTREIS
Mls ID: #21127768