401 John Vernon LnEulessTX76040
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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
Investment property for sale in Euless at 401 John Vernon Ln, Euless, TX, 76040 listed at $350,000 pairs $2,725/mo rent with a $1,713/mo payment to leave $236/mo cash flow. Total monthly income runs $2,725/mo, and annual cash flow reaches $2,834/yr on $116,025 cash to close. Return on cash invested measures 22.35% in year one, and rental yield registers 9.34% at a $350,000 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,699 by year five. Five-year ROI tracks 117.17% and total cumulative return in cash totals $135,950. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,725/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1959
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76040, Euless, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,026 (100%) |
| Owner Occupied HU | 5,856 (41.8%) |
| Renter Occupied HU | 7,498 (53.5%) |
| Vacant Housing Units | 672 ( 4.8%) |
| Median Home Value | $351,081 |
| Average Home Value | $369,219 |
Housing Distribution
Address Breakdown
Residential
13,051
Single Family
8,310
Multi-Family
4,741
Businesses
813
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Listed by: Rachel Eigenmann • eXp Realty LLC
Mls Name: NTREIS
Mls ID: #21015126
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.