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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Addison at 3900 Asbury Ln, Addison, TX, 75001 priced at $500,000 pairs $2,683/mo rent with after a $2,447/mo payment. Total monthly income equals $2,683/mo. Return on cash invested is 9.48% in year one, and rental yield stands at 6.44% on a $500,000 basis. Equity gained on principal adds $3,226/yr, and 5% annual appreciation accumulates to $138,141 by year five. Five-year ROI measures 49.66% and total cumulative return in cash reaches $82,316. For financing, Ziffy Mortgage’s DSCR program evaluates $2,683/mo property income against a $2,447/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2010
2,282 sqft lot
$N/A/sqft
$410 monthly HOA
Neighborhood data shown for ZIP Code: 75001, Addison, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,386 (100%) |
| Owner Occupied HU | 1,729 (15.2%) |
| Renter Occupied HU | 8,698 (76.4%) |
| Vacant Housing Units | 959 ( 8.4%) |
| Median Home Value | $435,573 |
| Average Home Value | $459,089 |
Residential
11,354
Single Family
1,820
Multi-Family
9,534
Businesses
2,198
Date | Event | Price |
|---|---|---|
| 2024-07-30 | Listed for sale | $500,000 |
| 2019-06-14 | Listing removed | $389,000 |
| 2019-06-11 | Pending sale | $389,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-16 | $10191.46 | 10.59% | $469,890 | 21.07% |
| 2022-08-16 | $9215.29 | 1.75% | $388,110 | 6.25% |
| 2021-08-16 | $9056.57 | -2.59% | $365,280 | N/A |
Listed by: Kristen Scott • Allie Beth Allman & Assoc.
Mls Name: NTREIS
Mls ID: #20675232
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.
