1100 Baptist LaneTarpleyTX78883
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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 Tarpley at 1100 Baptist Lane, Tarpley, TX, 78883 priced at $425,000 converts $1,902/mo rent into after a $2,080/mo obligation. Total monthly income equals $1,902/mo. Return on cash invested prints 10.37% in year one, and rental yield reads 5.37% against a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation compiles into $117,420 by year five. Five-year ROI reaches 52.89% and total cumulative return in cash sums $74,513. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,902/mo property income covering a $2,080/mo payment, not borrower’s personal income.
Single Family
Built in N/A
23.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78883, Tarpley, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 150 (100%) |
| Owner Occupied HU | 44 (29.3%) |
| Renter Occupied HU | 2 ( 1.3%) |
| Vacant Housing Units | 104 (69.3%) |
| Median Home Value | $450,000 |
| Average Home Value | $574,034 |
Housing Distribution
Address Breakdown
Residential
72
Single Family
72
Multi-Family
0
Businesses
8
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