532 Thompson DrVan AlstyneTX75495
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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 Van Alstyne at 532 Thompson Dr, Van Alstyne, TX, 75495 listed at $539,000 pairs $3,988/mo rent with a $2,638/mo payment to leave $155/mo cash flow. Total monthly income runs $3,988/mo, and annual cash flow reaches $1,863/yr on $177,331 cash to close. Return on cash invested measures 21.11% in year one, and rental yield registers 8.88% at a $539,000 basis. Equity gained on principal adds $3,478/yr, and annual property appreciation at 5% supports $148,916 by year five. Five-year ROI tracks 110.49% and total cumulative return in cash totals $195,936. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,988/mo property income relative to a $2,638/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2021
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75495, Van Alstyne, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,303 (100%) |
| Owner Occupied HU | 4,241 (80.0%) |
| Renter Occupied HU | 712 (13.4%) |
| Vacant Housing Units | 350 ( 6.6%) |
| Median Home Value | $387,546 |
| Average Home Value | $443,015 |
Housing Distribution
Address Breakdown
Residential
4,656
Single Family
4,253
Multi-Family
403
Businesses
355
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Listed by: Kristine Pharr • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #21075803