8921 Charles StArgyleTX76226
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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
Rental property for sale in Argyle at 8921 Charles St, Argyle, TX, 76226 generates $4,227/mo in rent, after a $5,800/mo payment. Total monthly income is $4,227/mo. Return on cash invested sits at 6.82% in year one, and rental yield is 4.28% on a $1,185,000 entry. Equity gained on principal adds $7,647/yr, while 5% annual appreciation builds toward $327,394 over five years. Five-year ROI reaches 33.98% and total cumulative return in cash sums $130,458. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,227/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
0.32 Acres lot
$N/A/sqft
$134 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76226, Argyle, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,414 (100%) |
| Owner Occupied HU | 15,448 (88.7%) |
| Renter Occupied HU | 1,291 ( 7.4%) |
| Vacant Housing Units | 675 ( 3.9%) |
| Median Home Value | $615,556 |
| Average Home Value | $679,325 |
Housing Distribution
Address Breakdown
Residential
16,345
Single Family
16,345
Multi-Family
0
Businesses
916
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Listed by: BRAD MCKISSACK • KELLER WILLIAMS REALTY
Mls Name: NTREIS
Mls ID: #20884876
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.