4023 Azure LnAddisonTX75001
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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 Addison at 4023 Azure Ln, Addison, TX, 75001 uses $254,975 cash to close to unlock $48,432/yr annual cash flow and $4,036/mo monthly cash flow. Total monthly income runs $9,636/mo, and a $3,793/mo payment keeps the spread at $4,036/mo. Purchase price stands at $775,000, and rental yield measures 14.92% with $9,636/mo rent. Return on cash invested shows 39.05% in year one, and 5% annual appreciation builds toward $214,118 over five years. Five-year ROI reaches 206.84% and total cumulative return in cash records $527,395. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $9,636/mo property income covering a $3,793/mo payment rather than investor’s personal income.
Single Family
Built in 1991
6,141 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
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Listed by: Bruce Arfsten • RE/MAX Premier
Mls Name: NTREIS
Mls ID: #20653477
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.