507 Warren StEdgewoodTX75117
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThis Edgewood rental at 507 Warren St, Edgewood, TX, 75117 sits in the solid-income band: 10.4% gross yield, $2,556/mo rent, $459/mo net after the $1,326/mo debt service, DSCR 1.93. Entry price of $294,900 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $81,475 and $2,716/yr in principal reduction bring total cumulative return to $142,569.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 6.2% |
| Monthly Cash Flow | $459 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,556 |
| Total Monthly Debt Service | $1,980 |
| DSCR Ratio | 1.29x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1973
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75117, Edgewood, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,858 (100%) |
| Owner Occupied HU | 1,288 (69.3%) |
| Renter Occupied HU | 399 (21.5%) |
| Vacant Housing Units | 171 ( 9.2%) |
| Median Home Value | $313,497 |
| Average Home Value | $669,722 |
Housing Distribution
Address Breakdown
Residential
1,581
Single Family
1,559
Multi-Family
22
Businesses
128
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
Single Family
Built in 1973
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75117, Edgewood, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,858 (100%) |
| Owner Occupied HU | 1,288 (69.3%) |
| Renter Occupied HU | 399 (21.5%) |
| Vacant Housing Units | 171 ( 9.2%) |
| Median Home Value | $313,497 |
| Average Home Value | $669,722 |
Housing Distribution
Address Breakdown
Residential
1,581
Single Family
1,559
Multi-Family
22
Businesses
128
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jessica Harrell • Exit Realty Pro
Mls Name: NTREIS
Mls ID: #20807548
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.