111 Smarty Jones StCaddo MillsTX75135
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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 Caddo Mills at 111 Smarty Jones St, Caddo Mills, TX, 75135 offers $2,364/mo rent that, after a $1,101/mo payment, leaves $764/mo cash flow. Total monthly income is $2,364/mo, and annual cash flow is $9,171/yr on $74,588 cash. Return on cash invested measures 32.2% in year one, and rental yield stands at 12.61% at a $225,000 entry. Equity gained on principal adds $1,452/yr while 5% annual appreciation compounds into $62,163 by year five. Five-year ROI records 170.04% and total cumulative return in cash reaches $126,825. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,364/mo property income versus a $1,101/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
6,011 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75135, Caddo Mills, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,444 (100%) |
| Owner Occupied HU | 3,841 (86.4%) |
| Renter Occupied HU | 415 ( 9.3%) |
| Vacant Housing Units | 188 ( 4.2%) |
| Median Home Value | $330,118 |
| Average Home Value | $368,746 |
Housing Distribution
Address Breakdown
Residential
4,255
Single Family
4,202
Multi-Family
53
Businesses
238
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Listed by: Anthony Giglio • Metrolina Estates Realty LLC
Mls Name: NTREIS
Mls ID: #21101575