516 Normandy LnSaginawTX76179
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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
Investment property for sale in Saginaw at 516 Normandy Ln, Saginaw, TX, 76179 with 5% annual appreciation on a $273,500 basis while $1,992/mo rent supports operations. Total monthly income totals $1,992/mo and a $1,339/mo payment preserves $47/mo for cash returns. Annual cash flow comes to $561/yr on $90,665 deployed, and return on cash invested reaches 20.53% in year one. Equity gained on principal adds $1,765/yr, and five-year appreciation sums $75,563 alongside rental yield of 8.74%. Five-year ROI measures 107.39% and total cumulative return in cash totals $97,364.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,992/mo property income versus a $1,339/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1976
7,283 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76179, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,691 (100%) |
| Owner Occupied HU | 22,929 (79.9%) |
| Renter Occupied HU | 4,858 (16.9%) |
| Vacant Housing Units | 904 ( 3.2%) |
| Median Home Value | $355,811 |
| Average Home Value | $415,903 |
Housing Distribution
Address Breakdown
Residential
27,373
Single Family
25,754
Multi-Family
1,619
Businesses
1,077
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Listed by: Robin Krueger • Massey Krueger Real Estate Svs
Mls Name: NTREIS
Mls ID: #20787805
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.