360 Michael LnSunnyvaleTX75182
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Sunnyvale at 360 Michael Ln, Sunnyvale, TX, 75182 priced at $549,000 converts $3,155/mo rent into after a $2,687/mo obligation. Total monthly income equals $3,155/mo. Return on cash invested prints 15.08% in year one, and rental yield reads 6.9% against a $549,000 entry. Equity gained on principal adds $3,543/yr, while 5% annual appreciation compiles into $151,679 by year five. Five-year ROI reaches 78.17% and total cumulative return in cash sums $141,200. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,155/mo property income covering a $2,687/mo payment, not borrower’s personal income.
Single Family
Built in 1950
1.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75182, Sunnyvale, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,181 (100%) |
| Owner Occupied HU | 2,540 (79.8%) |
| Renter Occupied HU | 483 (15.2%) |
| Vacant Housing Units | 158 ( 5.0%) |
| Median Home Value | $568,942 |
| Average Home Value | $601,211 |
Housing Distribution
Address Breakdown
Residential
2,867
Single Family
2,729
Multi-Family
138
Businesses
213
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Zachary Frank • Keller Williams Central
Mls Name: NTREIS
Mls ID: #20945097
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.