The Violet Plan, Cherokee RidgeBullardTX75757
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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 Bullard at The Violet Plan, Cherokee Ridge, Bullard, TX, 75757 priced at $379,900 converts $4,339/mo rent into $1,638/mo cash flow after a $1,859/mo obligation. Total monthly income equals $4,339/mo, and annual cash flow totals $19,655/yr on $125,937 invested. Return on cash invested prints 35.52% in year one, and rental yield reads 13.71% against a $379,900 entry. Equity gained on principal adds $2,451/yr, while 5% annual appreciation compiles into $104,959 by year five. Five-year ROI reaches 187.74% and total cumulative return in cash sums $236,429. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,339/mo property income covering a $1,859/mo payment, not borrower’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75757, Bullard, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,745 (100%) |
| Owner Occupied HU | 4,356 (75.8%) |
| Renter Occupied HU | 892 (15.5%) |
| Vacant Housing Units | 497 ( 8.7%) |
| Median Home Value | $300,855 |
| Average Home Value | $345,717 |
Housing Distribution
Address Breakdown
Residential
6,218
Single Family
6,140
Multi-Family
78
Businesses
309
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