5588 Squires DrThe ColonyTX75056
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 5588 Squires Dr, The Colony, TX, 75056 in The Colony: $2,856/mo in rent, $552/mo net, 10.58% gross yield, all on a $324,000 acquisition. The 1.96 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $89,515 in value, and $2,984/yr in principal paydown steadily builds equity. Projected total cumulative return: $159,661.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 6.2% |
| Monthly Cash Flow | $552 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,856 |
| Total Monthly Debt Service | $2,175 |
| DSCR Ratio | 1.31x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1983
5,793 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75056, The Colony, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,083 (100%) |
| Owner Occupied HU | 16,441 (51.2%) |
| Renter Occupied HU | 13,404 (41.8%) |
| Vacant Housing Units | 2,238 ( 7.0%) |
| Median Home Value | $488,651 |
| Average Home Value | $527,353 |
Housing Distribution
Address Breakdown
Residential
31,154
Single Family
17,896
Multi-Family
13,258
Businesses
1,394
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
Single Family
Built in 1983
5,793 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75056, The Colony, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,083 (100%) |
| Owner Occupied HU | 16,441 (51.2%) |
| Renter Occupied HU | 13,404 (41.8%) |
| Vacant Housing Units | 2,238 ( 7.0%) |
| Median Home Value | $488,651 |
| Average Home Value | $527,353 |
Housing Distribution
Address Breakdown
Residential
31,154
Single Family
17,896
Multi-Family
13,258
Businesses
1,394
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Derek Baiza • Engel & Volkers Frisco
Mls Name: NTREIS
Mls ID: #21129106