334 NE Michael DrBurlesonTX76028
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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
Rental property for sale in Burleson at 334 NE Michael Dr, Burleson, TX, 76028 offers $1,553/mo rent that, after a $976/mo payment, leaves $135/mo cash flow. Total monthly income is $1,553/mo, and annual cash flow is $1,617/yr on $66,134 cash. Return on cash invested measures 22.35% in year one, and rental yield stands at 9.34% at a $199,500 entry. Equity gained on principal adds $1,287/yr while 5% annual appreciation compounds into $55,118 by year five. Five-year ROI records 117.17% and total cumulative return in cash reaches $77,491. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,553/mo property income versus a $976/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76028, Burleson, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,370 (100%) |
| Owner Occupied HU | 21,837 (69.6%) |
| Renter Occupied HU | 8,282 (26.4%) |
| Vacant Housing Units | 1,251 ( 4.0%) |
| Median Home Value | $356,961 |
| Average Home Value | $396,432 |
Housing Distribution
Address Breakdown
Residential
31,056
Single Family
27,405
Multi-Family
3,651
Businesses
1,604
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