405 Nora LnArgyleTX76226
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
Rental property for sale in Argyle at 405 Nora Ln, Argyle, TX, 76226 priced at $1,034,400 pairs $7,388/mo rent with $32/mo cash flow after a $5,063/mo payment. Total monthly income equals $7,388/mo, and annual cash flow comes to $385/yr on $335,146 invested. Return on cash invested is 20.48% in year one, and rental yield stands at 8.57% on a $1,034,400 basis. Equity gained on principal adds $6,675/yr, and 5% annual appreciation accumulates to $285,786 by year five. Five-year ROI measures 107.08% and total cumulative return in cash reaches $358,876. For financing, Ziffy Mortgage’s DSCR program evaluates $7,388/mo property income against a $5,063/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2017
9,060 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76226, Argyle, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,414 (100%) |
| Owner Occupied HU | 15,448 (88.7%) |
| Renter Occupied HU | 1,291 ( 7.4%) |
| Vacant Housing Units | 675 ( 3.9%) |
| Median Home Value | $615,556 |
| Average Home Value | $679,325 |
Housing Distribution
Address Breakdown
Residential
16,345
Single Family
16,345
Multi-Family
0
Businesses
916
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