920 Milam DrEulessTX76039
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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 Euless at 920 Milam Dr, Euless, TX, 76039 priced at $283,900 converts $3,376/mo rent into $1,357/mo cash flow after a $1,390/mo obligation. Total monthly income equals $3,376/mo, and annual cash flow totals $16,280/yr on $94,113 invested. Return on cash invested prints 37.21% in year one, and rental yield reads 14.27% against a $283,900 entry. Equity gained on principal adds $1,832/yr, while 5% annual appreciation compiles into $78,436 by year five. Five-year ROI reaches 196.82% and total cumulative return in cash sums $185,229. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,376/mo property income covering a $1,390/mo payment, not borrower’s personal income.
Single Family
Built in 1958
8,668 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76039, Euless, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
17,724
Single Family
8,530
Multi-Family
9,194
Businesses
737
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Listed by: J D Aaron • Keller Williams Realty-FM
Mls Name: NTREIS
Mls ID: #20711860
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.