390 Spyglass DrAledoTX76008
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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 Aledo at 390 Spyglass Dr, Aledo, TX, 76008 offers $2,851/mo rent that, after a $1,782/mo payment, leaves $77/mo cash flow. Total monthly income is $2,851/mo, and annual cash flow is $923/yr on $120,666 cash. Return on cash invested measures 20.67% in year one, and rental yield stands at 9.4% at a $364,000 entry. Equity gained on principal adds $2,349/yr while 5% annual appreciation compounds into $100,566 by year five. Five-year ROI records 108.82% and total cumulative return in cash reaches $131,309. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,851/mo property income versus a $1,782/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
6,054 sqft lot
$N/A/sqft
$264 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76008, Aledo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,914 (100%) |
| Owner Occupied HU | 8,685 (87.6%) |
| Renter Occupied HU | 749 ( 7.6%) |
| Vacant Housing Units | 480 ( 4.8%) |
| Median Home Value | $528,969 |
| Average Home Value | $590,314 |
Housing Distribution
Address Breakdown
Residential
9,537
Single Family
9,524
Multi-Family
13
Businesses
763
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Listed by: Frankie Arthur • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #20896052
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.