407 Timberline Dr NColleyvilleTX76034
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 Colleyville at 407 Timberline Dr N, Colleyville, TX, 76034 offers $4,558/mo rent that, after a $7,807/mo payment. Total monthly income is $4,558/mo. Return on cash invested measures 4.62% in year one, and rental yield stands at 3.43% at a $1,595,000 entry. Equity gained on principal adds $10,292/yr while 5% annual appreciation compounds into $440,669 by year five. Five-year ROI records 21.97% and total cumulative return in cash reaches $113,561. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,558/mo property income versus a $7,807/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
0.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76034, Colleyville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,412 (100%) |
| Owner Occupied HU | 8,472 (90.0%) |
| Renter Occupied HU | 681 ( 7.2%) |
| Vacant Housing Units | 259 ( 2.8%) |
| Median Home Value | $664,112 |
| Average Home Value | $763,457 |
Housing Distribution
Address Breakdown
Residential
9,431
Single Family
9,272
Multi-Family
159
Businesses
1,522
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Listed by: Nita Copeland • Century 21 Mike Bowman, Inc.
Mls Name: NTREIS
Mls ID: #21101685