1001 Park Lake DrEddyTX76524
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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 Eddy at 1001 Park Lake Dr, Eddy, TX, 76524 earns $396/mo cash flow from $1,996/mo rent with a $1,101/mo payment. Total monthly income totals $1,996/mo, and annual cash flow totals $4,758/yr on $74,554 capital. ROI tracks 26.29% on current figures, and rental yield reads 10.65% at a $224,900 purchase. Equity gained on principal adds $1,451/yr, and 5% annual appreciation supports $62,136 over five years. Five-year ROI reaches 138.3% and total cumulative return in cash sums $103,105. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,996/mo property income instead of your personal income.
Single Family
Built in 2020
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76524, Eddy, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,117 (100%) |
| Owner Occupied HU | 889 (79.6%) |
| Renter Occupied HU | 153 (13.7%) |
| Vacant Housing Units | 75 ( 6.7%) |
| Median Home Value | $281,391 |
| Average Home Value | $316,431 |
Housing Distribution
Address Breakdown
Residential
1,036
Single Family
1,036
Multi-Family
0
Businesses
41
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