3940 Hollow Lake RdRoanokeTX76262
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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 Roanoke at 3940 Hollow Lake Rd, Roanoke, TX, 76262 generates $3,132/mo in rent and, after a $1,908/mo payment, leaves $360/mo in cash flow. Total monthly income is $3,132/mo, and annual cash flow is $4,317/yr on $129,252 invested. Return on cash invested sits at 23.25% in year one, and rental yield is 9.64% on a $389,900 entry. Equity gained on principal adds $2,516/yr, while 5% annual appreciation builds toward $107,722 over five years. Five-year ROI reaches 121.97% and total cumulative return in cash sums $157,645. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,132/mo property income rather than buyer’s personal income.
Single Family
Built in 2014
5,488 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76262, Roanoke, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,094 (100%) |
| Owner Occupied HU | 11,796 (65.2%) |
| Renter Occupied HU | 5,240 (29.0%) |
| Vacant Housing Units | 1,058 ( 5.8%) |
| Median Home Value | $607,697 |
| Average Home Value | $702,771 |
Housing Distribution
Address Breakdown
Residential
17,546
Single Family
13,611
Multi-Family
3,935
Businesses
1,307
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