506 Charles LnTerrellTX75160
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Terrell at 506 Charles Ln, Terrell, TX, 75160 with 5% annual appreciation on a $100,000 basis while $759/mo rent supports operations. 74% in year one. Equity gained on principal adds $645/yr, and five-year appreciation sums $27,628 alongside rental yield of 9.11%. Five-year ROI measures 58.91% and total cumulative return in cash totals $19,528. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $759/mo property income versus a $489/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1983
9,713 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75160, Terrell, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,701 (100%) |
| Owner Occupied HU | 6,339 (59.2%) |
| Renter Occupied HU | 3,563 (33.3%) |
| Vacant Housing Units | 799 ( 7.5%) |
| Median Home Value | $313,227 |
| Average Home Value | $338,221 |
Housing Distribution
Address Breakdown
Residential
10,259
Single Family
8,530
Multi-Family
1,729
Businesses
1,261
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lanita Pierson • TDRealty
Mls Name: NTREIS
Mls ID: #20930582
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.