704 Springhill DrAnnaTX75409
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Anna at 704 Springhill Dr, Anna, TX, 75409 offers $3,173/mo rent that, after a $1,835/mo payment, leaves $507/mo cash flow. Total monthly income is $3,173/mo, and annual cash flow is $6,084/yr on $124,279 cash. Return on cash invested measures 24.8% in year one, and rental yield stands at 10.16% at a $374,900 entry. Equity gained on principal adds $2,419/yr while 5% annual appreciation compounds into $103,578 by year five. Five-year ROI records 130.29% and total cumulative return in cash reaches $161,923. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,173/mo property income versus a $1,835/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
7,274 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75409, Anna, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,900 (100%) |
| Owner Occupied HU | 9,415 (79.1%) |
| Renter Occupied HU | 1,579 (13.3%) |
| Vacant Housing Units | 906 ( 7.6%) |
| Median Home Value | $413,873 |
| Average Home Value | $457,656 |
Housing Distribution
Address Breakdown
Residential
10,582
Single Family
10,446
Multi-Family
136
Businesses
423
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices