709 Normandy DrEulessTX76039
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 Euless at 709 Normandy Dr, Euless, TX, 76039 priced at $289,500 converts $2,545/mo rent into $486/mo cash flow after a $1,417/mo obligation. Total monthly income equals $2,545/mo, and annual cash flow totals $5,835/yr on $95,969 invested. Return on cash invested prints 25.99% in year one, and rental yield reads 10.55% against a $289,500 entry. Equity gained on principal adds $1,868/yr, while 5% annual appreciation compiles into $79,984 by year five. Five-year ROI reaches 136.68% and total cumulative return in cash sums $131,175. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,545/mo property income covering a $1,417/mo payment, not borrower’s personal income.
Single Family
Built in 1985
0.01 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76039, Euless, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,085 (100%) |
| Owner Occupied HU | 6,901 (38.2%) |
| Renter Occupied HU | 10,272 (56.8%) |
| Vacant Housing Units | 912 ( 5.0%) |
| Median Home Value | $402,162 |
| Average Home Value | $461,114 |
Housing Distribution
Address Breakdown
Residential
17,724
Single Family
8,530
Multi-Family
9,194
Businesses
737
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices