912 Simmons DrEulessTX76040
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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 Euless at 912 Simmons Dr, Euless, TX, 76040 uses $101,389 cash to close to unlock $204/yr annual cash flow and $17/mo monthly cash flow. Total monthly income runs $2,192/mo, and a $1,497/mo payment keeps the spread at $17/mo. Purchase price stands at $305,850, and rental yield measures 8.6% with $2,192/mo rent. Return on cash invested shows 20.11% in year one, and 5% annual appreciation builds toward $84,501 over five years. Five-year ROI reaches 105.17% and total cumulative return in cash records $106,633. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,192/mo property income covering a $1,497/mo payment rather than investor’s personal income.
Single Family
Built in 1961
10,585 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76040, Euless, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,026 (100%) |
| Owner Occupied HU | 5,856 (41.8%) |
| Renter Occupied HU | 7,498 (53.5%) |
| Vacant Housing Units | 672 ( 4.8%) |
| Median Home Value | $351,081 |
| Average Home Value | $369,219 |
Housing Distribution
Address Breakdown
Residential
13,051
Single Family
8,310
Multi-Family
4,741
Businesses
813
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