6701 Herbert RdColleyvilleTX76034
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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 Colleyville at 6701 Herbert Rd, Colleyville, TX, 76034 offers a 1.92% rental yield on a $1,000,000 purchase with $1,598/mo rent. 05% in year one. Equity gained on principal adds $6,453/yr while 5% annual appreciation supports $276,282 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,598/mo property income against a $4,895/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76034, Colleyville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,412 (100%) |
| Owner Occupied HU | 8,472 (90.0%) |
| Renter Occupied HU | 681 ( 7.2%) |
| Vacant Housing Units | 259 ( 2.8%) |
| Median Home Value | $664,112 |
| Average Home Value | $763,457 |
Housing Distribution
Address Breakdown
Residential
9,431
Single Family
9,272
Multi-Family
159
Businesses
1,522
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Listed by: Lynn Ballester • Coldwell Banker Realty
Mls Name: NTREIS
Mls ID: #20749966
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.