517 Wade CtEulessTX76039
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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 Euless at 517 Wade Ct, Euless, TX, 76039 with 5% annual appreciation on a $398,000 basis while $2,956/mo rent supports operations. Total monthly income totals $2,956/mo and a $1,948/mo payment preserves $111/mo for cash returns. Annual cash flow comes to $1,334/yr on $131,937 deployed, and return on cash invested reaches 20.92% in year one. Equity gained on principal adds $2,568/yr, and five-year appreciation sums $109,960 alongside rental yield of 8.91%. Five-year ROI measures 109.54% and total cumulative return in cash totals $144,528.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,956/mo property income versus a $1,948/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2005
5,789 sqft lot
$N/A/sqft
$175 annually 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
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Listed by: Juan Cruz • Mark Spain Real Estate
Mls Name: NTREIS
Mls ID: #21059263
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.