Baylor Plan, Camey PlaceThe ColonyTX75056
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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 The Colony at Baylor Plan, Camey Place, The Colony, TX, 75056 priced at $697,990 pairs $6,401/mo rent with $1,438/mo cash flow after a $3,416/mo payment. Total monthly income equals $6,401/mo, and annual cash flow comes to $17,253/yr on $229,639 invested. Return on cash invested is 27.57% in year one, and rental yield stands at 11% on a $697,990 basis. Equity gained on principal adds $4,504/yr, and 5% annual appreciation accumulates to $192,842 by year five. Five-year ROI measures 145.12% and total cumulative return in cash reaches $333,261. For financing, Ziffy Mortgage’s DSCR program evaluates $6,401/mo property income against a $3,416/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75056, The Colony, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,083 (100%) |
| Owner Occupied HU | 16,441 (51.2%) |
| Renter Occupied HU | 13,404 (41.8%) |
| Vacant Housing Units | 2,238 ( 7.0%) |
| Median Home Value | $488,651 |
| Average Home Value | $527,353 |
Housing Distribution
Address Breakdown
Residential
31,154
Single Family
17,896
Multi-Family
13,258
Businesses
1,394
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Listed by: Kristin Mirchandani • David Weekley Homes
Mls Name: David Weekley Homes
Mls Provider:
Mls ID: #N/A