345 Heritage WayBullardTX75757
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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 Bullard at 345 Heritage Way, Bullard, TX, 75757 priced at $575,000 converts $3,500/mo rent into after a $2,814/mo obligation. Total monthly income equals $3,500/mo. Return on cash invested prints 16.33% in year one, and rental yield reads 7.3% against a $575,000 entry. Equity gained on principal adds $3,710/yr, while 5% annual appreciation compiles into $158,862 by year five. Five-year ROI reaches 84.82% and total cumulative return in cash sums $160,463. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,500/mo property income covering a $2,814/mo payment, not borrower’s personal income.
Single Family
Built in 2025
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75757, Bullard, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,745 (100%) |
| Owner Occupied HU | 4,356 (75.8%) |
| Renter Occupied HU | 892 (15.5%) |
| Vacant Housing Units | 497 ( 8.7%) |
| Median Home Value | $300,855 |
| Average Home Value | $345,717 |
Housing Distribution
Address Breakdown
Residential
6,218
Single Family
6,140
Multi-Family
78
Businesses
309
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