431 Penrose Dr #M8V1AORed OakTX75154
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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 Red Oak at 431 Penrose Dr #M8V1AO, Red Oak, TX, 75154 priced at $633,900 pairs $4,651/mo rent with $143/mo cash flow after a $3,103/mo payment. Total monthly income equals $4,651/mo, and annual cash flow comes to $1,714/yr on $208,553 invested. Return on cash invested is 20.88% in year one, and rental yield stands at 8.8% on a $633,900 basis. Equity gained on principal adds $4,090/yr, and 5% annual appreciation accumulates to $175,135 by year five. Five-year ROI measures 109.24% and total cumulative return in cash reaches $227,831. For financing, Ziffy Mortgage’s DSCR program evaluates $4,651/mo property income against a $3,103/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75154, Red Oak, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,844 (100%) |
| Owner Occupied HU | 14,515 (77.0%) |
| Renter Occupied HU | 3,735 (19.8%) |
| Vacant Housing Units | 594 ( 3.2%) |
| Median Home Value | $347,833 |
| Average Home Value | $386,647 |
Housing Distribution
Address Breakdown
Residential
18,969
Single Family
17,381
Multi-Family
1,588
Businesses
1,012
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