509 W Red Bird LnDuncanvilleTX75116
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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 Duncanville at 509 W Red Bird Ln, Duncanville, TX, 75116 priced at $424,999 pairs $3,014/mo rent with after a $2,080/mo payment. Total monthly income equals $3,014/mo. Return on cash invested is 18.2% in year one, and rental yield stands at 8.51% on a $424,999 basis. Equity gained on principal adds $2,742/yr, and 5% annual appreciation accumulates to $117,419 by year five. Five-year ROI measures 95.5% and total cumulative return in cash reaches $134,548. For financing, Ziffy Mortgage’s DSCR program evaluates $3,014/mo property income against a $2,080/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2006
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75116, Duncanville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,847 (100%) |
| Owner Occupied HU | 4,165 (60.8%) |
| Renter Occupied HU | 2,398 (35.0%) |
| Vacant Housing Units | 284 ( 4.1%) |
| Median Home Value | $267,151 |
| Average Home Value | $297,491 |
Housing Distribution
Address Breakdown
Residential
6,656
Single Family
5,410
Multi-Family
1,246
Businesses
800
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Listed by: Adriana Mendez • Only 1 Realty Group LLC
Mls Name: NTREIS
Mls ID: #20660325
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.