6104 Ethridge DrThe ColonyTX75056
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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 The Colony at 6104 Ethridge Dr, The Colony, TX, 75056 listed at $339,000 pairs $2,844/mo rent with a $1,659/mo payment to leave $434/mo cash flow. Total monthly income runs $2,844/mo, and annual cash flow reaches $5,203/yr on $112,379 cash to close. Return on cash invested measures 24.54% in year one, and rental yield registers 10.07% at a $339,000 basis. Equity gained on principal adds $2,188/yr, and annual property appreciation at 5% supports $93,659 by year five. Five-year ROI tracks 128.9% and total cumulative return in cash totals $144,856. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,844/mo property income relative to a $1,659/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1988
7,143 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
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Listed by: Karen Lavorgna • Compass RE Texas, LLC
Mls Name: NTREIS
Mls ID: #21073810