508 Parker DrEulessTX76039
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
Rental property for sale in Euless at 508 Parker Dr, Euless, TX, 76039 offers $2,726/mo rent that, after a $1,615/mo payment, leaves $380/mo cash flow. Total monthly income is $2,726/mo, and annual cash flow is $4,557/yr on $109,362 cash. Return on cash invested measures 24.08% in year one, and rental yield stands at 9.92% at a $329,900 entry. Equity gained on principal adds $2,129/yr while 5% annual appreciation compounds into $91,145 by year five. Five-year ROI records 126.39% and total cumulative return in cash reaches $138,219. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,726/mo property income versus a $1,615/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
10,149 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76039, Euless, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,085 (100%) |
| Owner Occupied HU | 6,901 (38.2%) |
| Renter Occupied HU | 10,272 (56.8%) |
| Vacant Housing Units | 912 ( 5.0%) |
| Median Home Value | $402,162 |
| Average Home Value | $461,114 |
Housing Distribution
Address Breakdown
Residential
17,724
Single Family
8,530
Multi-Family
9,194
Businesses
737
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Charles Brown • Keller Williams Realty
Mls Name: NTREIS
Mls ID: #21033575
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.