332 Butternut DrFateTX75087
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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 Fate at 332 Butternut Dr, Fate, TX, 75087 with 5% annual appreciation on a $289,900 basis while $2,782/mo rent supports operations. Total monthly income totals $2,782/mo and a $1,419/mo payment preserves $538/mo for cash returns. Annual cash flow comes to $6,452/yr on $96,102 deployed, and return on cash invested reaches 26.62% in year one. Equity gained on principal adds $1,871/yr, and five-year appreciation sums $80,094 alongside rental yield of 11.52%. Five-year ROI measures 140.87% and total cumulative return in cash totals $135,381.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,782/mo property income versus a $1,419/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2004
5,052 sqft lot
$N/A/sqft
$60 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75087, Rockwall, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,219 (100%) |
| Owner Occupied HU | 13,800 (80.1%) |
| Renter Occupied HU | 2,757 (16.0%) |
| Vacant Housing Units | 662 ( 3.8%) |
| Median Home Value | $417,129 |
| Average Home Value | $460,778 |
Housing Distribution
Address Breakdown
Residential
17,017
Single Family
15,180
Multi-Family
1,837
Businesses
1,839
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Listed by: Aaron Stokes • Keller Williams Rockwall
Mls Name: NTREIS
Mls ID: #20946235
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.