508 Grace 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 508 Grace Ln, Coppell, TX, 75019 priced at $349,900 pairs $2,875/mo rent with $386/mo cash flow after a $1,713/mo payment. Total monthly income equals $2,875/mo, and annual cash flow comes to $4,637/yr on $115,992 invested. Return on cash invested is 23.91% in year one, and rental yield stands at 9.86% on a $349,900 basis. Equity gained on principal adds $2,258/yr, and 5% annual appreciation accumulates to $96,671 by year five. Five-year ROI measures 125.52% and total cumulative return in cash reaches $145,590. For financing, Ziffy Mortgage’s DSCR program evaluates $2,875/mo property income against a $1,713/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1986
4,268 sqft lot
$N/A/sqft
No 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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