808 Driftwood LnNevadaTX75173
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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 Nevada at 808 Driftwood Ln, Nevada, TX, 75173 with 5% annual appreciation on a $374,999 basis while $2,803/mo rent supports operations. Total monthly income totals $2,803/mo and a $1,835/mo payment preserves $91/mo for cash returns. Annual cash flow comes to $1,091/yr on $124,312 deployed, and return on cash invested reaches 20.79% in year one. Equity gained on principal adds $2,420/yr, and five-year appreciation sums $103,605 alongside rental yield of 8.97%. Five-year ROI measures 108.92% and total cumulative return in cash totals $135,399.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,803/mo property income versus a $1,835/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2023
9,975 sqft lot
$N/A/sqft
$275 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75173, Nevada, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,511 (100%) |
| Owner Occupied HU | 3,108 (88.5%) |
| Renter Occupied HU | 240 ( 6.8%) |
| Vacant Housing Units | 163 ( 4.6%) |
| Median Home Value | $392,701 |
| Average Home Value | $427,702 |
Housing Distribution
Address Breakdown
Residential
3,142
Single Family
3,141
Multi-Family
1
Businesses
103
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Listed by: Kelly Nicholson • CENTURY 21 Patterson Agency
Mls Name: NTREIS
Mls ID: #20917977
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.