409 Meandering Creek DrArgyleTX76226
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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 Argyle at 409 Meandering Creek Dr, Argyle, TX, 76226 with 5% annual appreciation on a $655,000 basis while $6,002/mo rent supports operations. Total monthly income totals $6,002/mo and a $3,206/mo payment preserves $1,272/mo for cash returns. Annual cash flow comes to $15,269/yr on $215,495 deployed, and return on cash invested reaches 27.15% in year one. Equity gained on principal adds $4,227/yr, and five-year appreciation sums $180,964 alongside rental yield of 11%. Five-year ROI measures 142.98% and total cumulative return in cash totals $308,123.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,002/mo property income versus a $3,206/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2013
0.27 Acres lot
$N/A/sqft
$430 semi-annually 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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Listed by: Jennifer Maxam • DFW Urban Realty, LLC
Mls Name: NTREIS
Mls ID: #20703268
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.