








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in The Colony at 5724 Baker Dr, The Colony, TX, 75056 priced at $315,000 converts $2,634/mo rent into $328/mo cash flow after a $1,542/mo obligation. Total monthly income equals $2,634/mo, and annual cash flow totals $3,937/yr on $104,423 invested. Return on cash invested prints 23.68% in year one, and rental yield reads 10.03% against a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation compiles into $87,029 by year five. Five-year ROI reaches 124.59% and total cumulative return in cash sums $130,097. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,634/mo property income covering a $1,542/mo payment, not borrower’s personal income.
Single Family
Built in 1980
8,102 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75056, The Colony, TX area.
| 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 |
Residential
31,154
Single Family
17,896
Multi-Family
13,258
Businesses
1,394
Date | Event | Price |
|---|---|---|
| 2025-01-15 | Price change | $315,000 |
| 2024-11-25 | Price change | $325,000 |
| 2024-10-03 | Listed for sale | $335,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $6016.07 | 3.37% | $310,000 | 4.38% |
| 2023-02-12 | $5819.97 | -0.63% | $297,000 | 6.45% |
| 2022-02-12 | $5857.16 | 22.30% | $279,000 | 27.68% |



Listed by: Erica Guest • WM Realty Tx LLC
Mls Name: NTREIS
Mls ID: #20745638
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.