429 Martel LnCoppellTX75019
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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 Coppell at 429 Martel Ln, Coppell, TX, 75019 offers $6,098/mo rent that, after a $4,552/mo payment. Total monthly income is $6,098/mo. Return on cash invested measures 17.78% in year one, and rental yield stands at 7.87% at a $930,000 entry. Equity gained on principal adds $6,001/yr while 5% annual appreciation compounds into $256,942 by year five. Five-year ROI records 92.68% and total cumulative return in cash reaches $283,582. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,098/mo property income versus a $4,552/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
9,191 sqft lot
$N/A/sqft
$800 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75019, Coppell, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,721 (100%) |
| Owner Occupied HU | 10,383 (55.5%) |
| Renter Occupied HU | 7,451 (39.8%) |
| Vacant Housing Units | 887 ( 4.7%) |
| Median Home Value | $541,177 |
| Average Home Value | $584,212 |
Housing Distribution
Address Breakdown
Residential
18,062
Single Family
12,298
Multi-Family
5,764
Businesses
2,086
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Listed by: Debbie Gill • Keller Williams Realty
Mls Name: NTREIS
Mls ID: #20948871
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.