908 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 908 Driftwood Ln, Nevada, TX, 75173 listed at $335,000 pairs $2,849/mo rent with a $1,640/mo payment to leave $421/mo cash flow. Total monthly income runs $2,849/mo, and annual cash flow reaches $5,047/yr on $111,053 cash to close. Return on cash invested measures 24.45% in year one, and rental yield registers 10.21% at a $335,000 basis. Equity gained on principal adds $2,162/yr, and annual property appreciation at 5% supports $92,554 by year five. Five-year ROI tracks 128.62% and total cumulative return in cash totals $142,832. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,849/mo property income relative to a $1,640/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2023
9,888 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: Chris Hallman • Competitive Edge Realty LLC
Mls Name: NTREIS
Mls ID: #21002614
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.