405 Martel LnCoppellTX75019
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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 Coppell at 405 Martel Ln, Coppell, TX, 75019 priced at $1,200,000 pairs $4,520/mo rent with after a $5,873/mo payment. Total monthly income equals $4,520/mo. Return on cash invested is 7.76% in year one, and rental yield stands at 4.52% on a $1,200,000 basis. Equity gained on principal adds $7,743/yr, and 5% annual appreciation accumulates to $331,538 by year five. Five-year ROI measures 38.9% and total cumulative return in cash reaches $151,247. For financing, Ziffy Mortgage’s DSCR program evaluates $4,520/mo property income against a $5,873/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1998
0.28 Acres lot
$N/A/sqft
$880 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75019, Coppell, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,721 (100%) |
| Owner Occupied HU | 10,383 (55.5%) |
| Renter Occupied HU | 7,451 (39.8%) |
| Vacant Housing Units | 887 ( 4.7%) |
| Median Home Value | $541,177 |
| Average Home Value | $584,212 |
Housing Distribution
Address Breakdown
Residential
18,062
Single Family
12,298
Multi-Family
5,764
Businesses
2,086
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Listed by: Christine Greene • All City Real Estate, Ltd. Co.
Mls Name: NTREIS
Mls ID: #20907929
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.