4019 Bobbin LnAddisonTX75001
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Addison at 4019 Bobbin Ln, Addison, TX, 75001 uses $228,655 cash to close to unlock $6,125/yr annual cash flow and $510/mo monthly cash flow. Total monthly income runs $5,453/mo, and a $3,402/mo payment keeps the spread at $510/mo. Purchase price stands at $695,000, and rental yield measures 9.42% with $5,453/mo rent. Return on cash invested shows 22.74% in year one, and 5% annual appreciation builds toward $192,016 over five years. Five-year ROI reaches 119.21% and total cumulative return in cash records $272,574. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,453/mo property income covering a $3,402/mo payment rather than investor’s personal income.
Single Family
Built in 1986
9,757 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75001, Addison, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
11,354
Single Family
1,820
Multi-Family
9,534
Businesses
2,198
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices