411 Sterling Shores DrScrogginsTX75480
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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 Scroggins at 411 Sterling Shores Dr, Scroggins, TX, 75480 generates $3,029/mo in rent, after a $2,932/mo payment. Total monthly income is $3,029/mo. Return on cash invested sits at 12.57% in year one, and rental yield is 6.07% on a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 64.67% and total cumulative return in cash sums $127,438. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,029/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
1.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75480, Scroggins, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,052 (100%) |
| Owner Occupied HU | 621 (59.0%) |
| Renter Occupied HU | 101 ( 9.6%) |
| Vacant Housing Units | 330 (31.4%) |
| Median Home Value | $421,812 |
| Average Home Value | $459,332 |
Housing Distribution
Address Breakdown
Residential
1,061
Single Family
1,061
Multi-Family
0
Businesses
24
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