6917 Shalimar CtColleyvilleTX76034
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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 6917 Shalimar Ct, Colleyville, TX, 76034 uses $413,100 cash to close to unlock $50,445/yr annual cash flow and $4,204/mo monthly cash flow. Total monthly income runs $13,420/mo, and a $6,240/mo payment keeps the spread at $4,204/mo. Purchase price stands at $1,275,000, and rental yield measures 12.63% with $13,420/mo rent. Return on cash invested shows 32.58% in year one, and 5% annual appreciation builds toward $352,259 over five years. Five-year ROI reaches 172.09% and total cumulative return in cash records $710,918. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $13,420/mo property income covering a $6,240/mo payment rather than investor’s personal income.
Single Family
Built in 1998
0.40 Acres lot
$N/A/sqft
$900 semi-annually 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: Jennifer Harrison • Turner Fortune Real Estate LLC
Mls Name: NTREIS
Mls ID: #20687009
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.