8813 Enclave WayNorthlakeTX76262
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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 Northlake at 8813 Enclave Way, Northlake, TX, 76262 uses $134,540 cash to close to unlock $1,780/yr annual cash flow and $148/mo monthly cash flow. Total monthly income runs $3,474/mo, and a $1,986/mo payment keeps the spread at $148/mo. Purchase price stands at $405,851, and rental yield measures 10.27% with $3,474/mo rent. Return on cash invested shows 21.23% in year one, and 5% annual appreciation builds toward $112,129 over five years. Five-year ROI reaches 112.58% and total cumulative return in cash records $151,469. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,474/mo property income covering a $1,986/mo payment rather than investor’s personal income.
Townhouse
Built in 2024
2,613 sqft lot
$N/A/sqft
$440 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76262, Roanoke, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,094 (100%) |
| Owner Occupied HU | 11,796 (65.2%) |
| Renter Occupied HU | 5,240 (29.0%) |
| Vacant Housing Units | 1,058 ( 5.8%) |
| Median Home Value | $607,697 |
| Average Home Value | $702,771 |
Housing Distribution
Address Breakdown
Residential
17,546
Single Family
13,611
Multi-Family
3,935
Businesses
1,307
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Listed by: Carole Campbell • Colleen Frost Real Estate Serv
Mls Name: NTREIS
Mls ID: #20774956
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.