614 Sumter DrWylieTX75098
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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 Wylie at 614 Sumter Dr, Wylie, TX, 75098 uses $128,887 cash to close to unlock $2,137/yr annual cash flow and $178/mo monthly cash flow. Total monthly income runs $3,052/mo, and a $1,903/mo payment keeps the spread at $178/mo. Purchase price stands at $388,800, and rental yield measures 9.42% with $3,052/mo rent. Return on cash invested shows 21.57% in year one, and 5% annual appreciation builds toward $107,418 over five years. Five-year ROI reaches 113.34% and total cumulative return in cash records $146,079. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,052/mo property income covering a $1,903/mo payment rather than investor’s personal income.
Single Family
Built in 2004
7,405 sqft lot
$N/A/sqft
$19 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75098, Wylie, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,342 (100%) |
| Owner Occupied HU | 20,222 (79.8%) |
| Renter Occupied HU | 4,520 (17.8%) |
| Vacant Housing Units | 600 ( 2.4%) |
| Median Home Value | $465,315 |
| Average Home Value | $527,786 |
Housing Distribution
Address Breakdown
Residential
24,598
Single Family
21,952
Multi-Family
2,646
Businesses
1,460
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