350 Central Ave #505SouthlakeTX76092
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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 Southlake at 350 Central Ave #505, Southlake, TX, 76092 projects strong ROI of -1.59%. Rental yield 2.79%. With 5% annual appreciation, the property builds $642,355 in value over five years. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Condo
Built in 2018
2,613 sqft lot
$N/A/sqft
$2,652 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76092, Southlake, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,160 (100%) |
| Owner Occupied HU | 9,321 (91.7%) |
| Renter Occupied HU | 652 ( 6.4%) |
| Vacant Housing Units | 187 ( 1.8%) |
| Median Home Value | $829,989 |
| Average Home Value | $956,145 |
Housing Distribution
Address Breakdown
Residential
10,137
Single Family
9,918
Multi-Family
219
Businesses
2,742
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Listed by: Barbara Pantuso • Keller Williams Realty
Mls Name: NTREIS
Mls ID: #20688734
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.