1024 Davis St SSulphur SpringsTX75482
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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 Sulphur Springs at 1024 Davis St S, Sulphur Springs, TX, 75482 generates $1,796/mo in rent and, after a $1,142/mo payment, leaves $137/mo in cash flow. Total monthly income is $1,796/mo, and annual cash flow is $1,642/yr on $77,339 invested. Return on cash invested sits at 22.03% in year one, and rental yield is 9.24% on a $233,300 entry. Equity gained on principal adds $1,505/yr, while 5% annual appreciation builds toward $64,456 over five years. Five-year ROI reaches 115.44% and total cumulative return in cash sums $89,279. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,796/mo property income rather than buyer’s personal income.
Single Family
Built in 1973
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75482, Sulphur Springs, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,363 (100%) |
| Owner Occupied HU | 6,608 (58.2%) |
| Renter Occupied HU | 3,637 (32.0%) |
| Vacant Housing Units | 1,118 ( 9.8%) |
| Median Home Value | $246,201 |
| Average Home Value | $326,051 |
Housing Distribution
Address Breakdown
Residential
11,169
Single Family
9,717
Multi-Family
1,452
Businesses
1,025
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Listed by: Ashly Westbrook • Westbrook Realty Group
Mls Name: NTREIS
Mls ID: #20792570
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.