1053 Paradise Cove RdPottsboroTX75076
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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 Pottsboro at 1053 Paradise Cove Rd, Pottsboro, TX, 75076 priced at $489,000 pairs $3,120/mo rent with after a $2,393/mo payment. Total monthly income equals $3,120/mo. Return on cash invested is 17.27% in year one, and rental yield stands at 7.66% on a $489,000 basis. Equity gained on principal adds $3,155/yr, and 5% annual appreciation accumulates to $135,102 by year five. Five-year ROI measures 89.9% and total cumulative return in cash reaches $145,726. For financing, Ziffy Mortgage’s DSCR program evaluates $3,120/mo property income against a $2,393/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75076, Pottsboro, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,929 (100%) |
| Owner Occupied HU | 2,944 (59.7%) |
| Renter Occupied HU | 786 (15.9%) |
| Vacant Housing Units | 1,199 (24.3%) |
| Median Home Value | $302,573 |
| Average Home Value | $347,542 |
Housing Distribution
Address Breakdown
Residential
3,946
Single Family
3,890
Multi-Family
56
Businesses
291
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Listed by: Michelle McCullough • Homes By Lainie Real Estate Group
Mls Name: NTREIS
Mls ID: #20893035
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.