420 W Oak StWylieTX75098
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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 Wylie at 420 W Oak St, Wylie, TX, 75098 priced at $325,000 converts $2,300/mo rent into after a $1,591/mo obligation. Total monthly income equals $2,300/mo. Return on cash invested prints 19.78% in year one, and rental yield reads 8.49% against a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation compiles into $89,792 by year five. Five-year ROI reaches 103.39% and total cumulative return in cash sums $111,385. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,300/mo property income covering a $1,591/mo payment, not borrower’s personal income.
Single Family
Built in 1985
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75098, Wylie, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,342 (100%) |
| Owner Occupied HU | 20,222 (79.8%) |
| Renter Occupied HU | 4,520 (17.8%) |
| Vacant Housing Units | 600 ( 2.4%) |
| Median Home Value | $465,315 |
| Average Home Value | $527,786 |
Housing Distribution
Address Breakdown
Residential
24,598
Single Family
21,952
Multi-Family
2,646
Businesses
1,460
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