929 Merion DrBurlesonTX76028
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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 Burleson at 929 Merion Dr, Burleson, TX, 76028 offers $4,111/mo rent that, after a $2,447/mo payment, leaves $547/mo cash flow. Total monthly income is $4,111/mo, and annual cash flow is $6,568/yr on $165,750 cash. Return on cash invested measures 23.87% in year one, and rental yield stands at 9.87% at a $500,000 entry. Equity gained on principal adds $3,226/yr while 5% annual appreciation compounds into $138,141 by year five. Five-year ROI records 125.33% and total cumulative return in cash reaches $207,740. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,111/mo property income versus a $2,447/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2017
7,143 sqft lot
$N/A/sqft
$100 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76028, Burleson, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,370 (100%) |
| Owner Occupied HU | 21,837 (69.6%) |
| Renter Occupied HU | 8,282 (26.4%) |
| Vacant Housing Units | 1,251 ( 4.0%) |
| Median Home Value | $356,961 |
| Average Home Value | $396,432 |
Housing Distribution
Address Breakdown
Residential
31,056
Single Family
27,405
Multi-Family
3,651
Businesses
1,604
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Listed by: Thurman Schweitzer • Briggs Freeman Sotheby's Int'l
Mls Name: NTREIS
Mls ID: #20790271
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.