Covington FS Plan, Broadmoor EstatesOvillaTX75154
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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 Ovilla at Covington FS Plan, Broadmoor Estates, Ovilla, TX, 75154 listed at $739,950 pairs $5,627/mo rent with a $3,622/mo payment to leave $365/mo cash flow. Total monthly income runs $5,627/mo, and annual cash flow reaches $4,377/yr on $243,444 cash to close. Return on cash invested measures 21.86% in year one, and rental yield registers 9.13% at a $739,950 basis. Equity gained on principal adds $4,775/yr, and annual property appreciation at 5% supports $204,435 by year five. Five-year ROI tracks 114.48% and total cumulative return in cash totals $278,694. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,627/mo property income relative to a $3,622/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75154, Red Oak, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,844 (100%) |
| Owner Occupied HU | 14,515 (77.0%) |
| Renter Occupied HU | 3,735 (19.8%) |
| Vacant Housing Units | 594 ( 3.2%) |
| Median Home Value | $347,833 |
| Average Home Value | $386,647 |
Housing Distribution
Address Breakdown
Residential
18,969
Single Family
17,381
Multi-Family
1,588
Businesses
1,012
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