708 Scotland WayWylieTX75098
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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 708 Scotland Way, Wylie, TX, 75098 listed at $415,000 pairs $4,673/mo rent with a $2,031/mo payment to leave $1,700/mo cash flow. Total monthly income runs $4,673/mo, and annual cash flow reaches $20,395/yr on $137,573 cash to close. Return on cash invested measures 34.73% in year one, and rental yield registers 13.51% at a $415,000 basis. Equity gained on principal adds $2,678/yr, and annual property appreciation at 5% supports $114,657 by year five. Five-year ROI tracks 183.63% and total cumulative return in cash totals $252,621. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,673/mo property income relative to a $2,031/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2014
10,267 sqft lot
$N/A/sqft
$135 semi-annually 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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Listed by: Tannah McGaughy • Ebby Halliday, Realtors
Mls Name: NTREIS
Mls ID: #20667852
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.