3314 Ovilla Rd, Ovilla, TX, 75154 | $174/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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3314 Ovilla Rd, Ovilla, TX, 75154 | $174/mo Cash Flow | 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

Rental property for sale in Ovilla at 3314 Ovilla Rd, Ovilla, TX, 75154 generates $2,300/mo in rent and, after a $1,463/mo payment, leaves $174/mo in cash flow. Total monthly income is $2,300/mo, and annual cash flow is $2,091/yr on $99,119 invested. Return on cash invested sits at 22.02% in year one, and rental yield is 9.23% on a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 115.4% and total cumulative return in cash sums $114,382. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,300/mo property income rather than buyer’s personal income.

Single Family

Built in 1940

0.32 Acres lot

$N/A/sqft

No HOA

More details about the property

Currently used as a residence and zoned residential or commercial, this versatile property offers excellent potential for your home or business. Located in a high visibility area with planned road expansion that will level Ovilla Road to your home or business, you'll benefit from exceptional exposure. The building has potential for at least four office spaces, a waiting area, full kitchen, and full bath all with central heat and air. There's also room to expand parking to suit your needs. This is a rare chance to secure a commercial property in a growing area ideal for establishing a business or making a smart long term investment at a reasonable price. Endless possibilities in a prime, high traffic location.

Neighborhood Data

Neighborhood data shown for ZIP Code: 75154, Red Oak, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	18,844 (100%)
Owner Occupied HU	14,515 (77.0%)
Renter Occupied HU	3,735 (19.8%)
Vacant Housing Units	594 ( 3.2%)
Median Home Value	$347,833
Average Home Value	$386,647