Pearce Plan, Prairie View : Watermill CollectionEnnisTX75119
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Ennis at Pearce Plan, Prairie View: Watermill Collection, Ennis, TX, 75119 priced at $255,999 converts $1,913/mo rent into $93/mo cash flow after a $1,253/mo obligation. Total monthly income equals $1,913/mo, and annual cash flow totals $1,110/yr on $84,864 invested. Return on cash invested prints 21.22% in year one, and rental yield reads 8.97% against a $255,999 entry. Equity gained on principal adds $1,652/yr, while 5% annual appreciation compiles into $70,728 by year five. Five-year ROI reaches 111.08% and total cumulative return in cash sums $94,269. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,913/mo property income covering a $1,253/mo payment, not borrower’s personal income.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75119, Ennis, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,156 (100%) |
| Owner Occupied HU | 6,955 (62.3%) |
| Renter Occupied HU | 3,633 (32.6%) |
| Vacant Housing Units | 568 ( 5.1%) |
| Median Home Value | $283,970 |
| Average Home Value | $318,336 |
Housing Distribution
Address Breakdown
Residential
11,994
Single Family
10,557
Multi-Family
1,437
Businesses
767
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
