406 Augusta CirCrandallTX75114
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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 Crandall at 406 Augusta Cir, Crandall, TX, 75114 offers $2,849/mo rent that, after a $1,982/mo payment. Total monthly income is $2,849/mo. Return on cash invested measures 19.63% in year one, and rental yield stands at 8.44% at a $405,000 entry. Equity gained on principal adds $2,613/yr while 5% annual appreciation compounds into $111,894 by year five. Five-year ROI records 102.6% and total cumulative return in cash reaches $137,750. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,849/mo property income versus a $1,982/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75114, Crandall, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,446 (100%) |
| Owner Occupied HU | 4,703 (86.4%) |
| Renter Occupied HU | 355 ( 6.5%) |
| Vacant Housing Units | 388 ( 7.1%) |
| Median Home Value | $349,344 |
| Average Home Value | $383,560 |
Housing Distribution
Address Breakdown
Residential
4,537
Single Family
4,537
Multi-Family
0
Businesses
204
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Listed by: Bill Moomaw • Regal, REALTORS
Mls Name: NTREIS
Mls ID: #20897847
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.