736 Cheltenham DrEvermanTX76140
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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 Everman at 736 Cheltenham Dr, Everman, TX, 76140 uses $81,698 cash to close to unlock $3,392/yr annual cash flow and $283/mo monthly cash flow. Total monthly income runs $2,035/mo, and a $1,206/mo payment keeps the spread at $283/mo. Purchase price stands at $246,450, and rental yield measures 9.91% with $2,035/mo rent. Return on cash invested shows 24.06% in year one, and 5% annual appreciation builds toward $68,090 over five years. Five-year ROI reaches 126.32% and total cumulative return in cash records $103,199. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,035/mo property income covering a $1,206/mo payment rather than investor’s personal income.
Single Family
Built in 1971
7,927 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76140, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,593 (100%) |
| Owner Occupied HU | 7,775 (67.1%) |
| Renter Occupied HU | 3,399 (29.3%) |
| Vacant Housing Units | 419 ( 3.6%) |
| Median Home Value | $245,690 |
| Average Home Value | $274,715 |
Housing Distribution
Address Breakdown
Residential
10,973
Single Family
9,593
Multi-Family
1,380
Businesses
853
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