3602 Mildren BndCrandallTX75114
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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 Crandall at 3602 Mildren Bnd, Crandall, TX, 75114 generates $2,340/mo in rent and, after a $1,193/mo payment, leaves $557/mo in cash flow. Total monthly income is $2,340/mo, and annual cash flow is $6,679/yr on $80,819 invested. Return on cash invested sits at 28.17% in year one, and rental yield is 11.52% on a $243,799 entry. Equity gained on principal adds $1,573/yr, while 5% annual appreciation builds toward $67,357 over five years. Five-year ROI reaches 148.65% and total cumulative return in cash sums $120,139. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,340/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
4,399 sqft lot
$N/A/sqft
$600 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75114, Crandall, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,446 (100%) |
| Owner Occupied HU | 4,703 (86.4%) |
| Renter Occupied HU | 355 ( 6.5%) |
| Vacant Housing Units | 388 ( 7.1%) |
| Median Home Value | $349,344 |
| Average Home Value | $383,560 |
Housing Distribution
Address Breakdown
Residential
4,537
Single Family
4,537
Multi-Family
0
Businesses
204
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Listed by: Jared Turner • Turner Mangum LLC
Mls Name: NTREIS
Mls ID: #20696210
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.