944 Redwing DrCoppellTX75019
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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 Coppell at 944 Redwing Dr, Coppell, TX, 75019 generates $5,978/mo in rent and, after a $3,842/mo payment, leaves $201/mo in cash flow. Total monthly income is $5,978/mo, and annual cash flow is $2,409/yr on $258,232 invested. Return on cash invested sits at 20.99% in year one, and rental yield is 9.14% on a $784,900 entry. Equity gained on principal adds $5,065/yr, while 5% annual appreciation builds toward $216,853 over five years. Five-year ROI reaches 110.17% and total cumulative return in cash sums $284,491. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,978/mo property income rather than buyer’s personal income.
Single Family
Built in 1996
9,191 sqft lot
$N/A/sqft
$163 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75019, Coppell, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,721 (100%) |
| Owner Occupied HU | 10,383 (55.5%) |
| Renter Occupied HU | 7,451 (39.8%) |
| Vacant Housing Units | 887 ( 4.7%) |
| Median Home Value | $541,177 |
| Average Home Value | $584,212 |
Housing Distribution
Address Breakdown
Residential
18,062
Single Family
12,298
Multi-Family
5,764
Businesses
2,086
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Listed by: Linda Caballero • RE/MAX Town & Country
Mls Name: NTREIS
Mls ID: #20952157
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.