601 Truman RdArgyleTX76226
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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
Rental property for sale in Argyle at 601 Truman Rd, Argyle, TX, 76226 priced at $924,000 pairs $4,759/mo rent with after a $4,523/mo payment. Total monthly income equals $4,759/mo. Return on cash invested is 12.38% in year one, and rental yield stands at 6.18% on a $924,000 basis. Equity gained on principal adds $5,962/yr, and 5% annual appreciation accumulates to $255,284 by year five. Five-year ROI measures 63.83% and total cumulative return in cash reaches $194,039. For financing, Ziffy Mortgage’s DSCR program evaluates $4,759/mo property income against a $4,523/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2012
0.26 Acres lot
$N/A/sqft
$134 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76226, Argyle, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,414 (100%) |
| Owner Occupied HU | 15,448 (88.7%) |
| Renter Occupied HU | 1,291 ( 7.4%) |
| Vacant Housing Units | 675 ( 3.9%) |
| Median Home Value | $615,556 |
| Average Home Value | $679,325 |
Housing Distribution
Address Breakdown
Residential
16,345
Single Family
16,345
Multi-Family
0
Businesses
916
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Listed by: Stephanie Seay • Keller Williams Realty-FM
Mls Name: NTREIS
Mls ID: #20875938
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.