3302 Saint Albans CirColleyvilleTX76034
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Colleyville at 3302 Saint Albans Cir, Colleyville, TX, 76034 priced at $975,000 converts $5,993/mo rent into after a $4,772/mo obligation. Total monthly income equals $5,993/mo. Return on cash invested prints 16.2% in year one, and rental yield reads 7.38% against a $975,000 entry. Equity gained on principal adds $6,292/yr, while 5% annual appreciation compiles into $269,375 by year five. Five-year ROI reaches 84.27% and total cumulative return in cash sums $270,327. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,993/mo property income covering a $4,772/mo payment, not borrower’s personal income.
Single Family
Built in 1987
0.42 Acres lot
$N/A/sqft
$1,089 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76034, Colleyville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,412 (100%) |
| Owner Occupied HU | 8,472 (90.0%) |
| Renter Occupied HU | 681 ( 7.2%) |
| Vacant Housing Units | 259 ( 2.8%) |
| Median Home Value | $664,112 |
| Average Home Value | $763,457 |
Housing Distribution
Address Breakdown
Residential
9,431
Single Family
9,272
Multi-Family
159
Businesses
1,522
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Wendy Kinion • Coldwell Banker Realty
Mls Name: NTREIS
Mls ID: #20858726
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.