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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Euless at 816 Collin Dr, Euless, TX, 76039 offers $1,979/mo rent that, after a $1,223/mo payment, leaves $157/mo cash flow. Total monthly income is $1,979/mo, and annual cash flow is $1,880/yr on $82,842 cash. Return on cash invested measures 22.18% in year one, and rental yield stands at 9.5% at a $249,900 entry. Equity gained on principal adds $1,613/yr while 5% annual appreciation compounds into $69,043 by year five. Five-year ROI records 116.47% and total cumulative return in cash reaches $96,482. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,979/mo property income versus a $1,223/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76039, Euless, TX area.
| 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 |
Residential
17,724
Single Family
8,530
Multi-Family
9,194
Businesses
737
Date | Event | Price |
|---|---|---|
| 2024-10-08 | Listed for sale | $249,900 |
| 2024-09-30 | Pending sale | $249,900 |
| 2024-09-26 | Listing removed | $249,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-22 | $4693.02 | 6.45% | $249,659 | 21.66% |
| 2022-10-22 | $4408.57 | 122.92% | $205,203 | 29.40% |
| 2021-10-22 | $1977.61 | 10.66% | $158,577 | 10.80% |
Listed by: Cheyenne Sanders • Peak Point Real Estate
Mls Name: NTREIS
Mls ID: #20722784
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.
