702 Marie DrColleyvilleTX76034
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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 Colleyville at 702 Marie Dr, Colleyville, TX, 76034 generates $6,431/mo in rent, after a $9,544/mo payment. Total monthly income is $6,431/mo. Return on cash invested sits at 6.25% in year one, and rental yield is 3.96% on a $1,950,000 entry. Equity gained on principal adds $12,583/yr, while 5% annual appreciation builds toward $538,749 over five years. Five-year ROI reaches 30.72% and total cumulative return in cash sums $194,093. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,431/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
0.46 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: Chris Broadway • eXp Realty, LLC
Mls Name: NTREIS
Mls ID: #21137886