112 Springridge LnTexarkanaTX75501
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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 Texarkana at 112 Springridge Ln, Texarkana, TX, 75501 generates $875/mo in rent and, after a $562/mo payment, leaves $58/mo in cash flow. Total monthly income is $875/mo, and annual cash flow is $700/yr on $38,089 invested. Return on cash invested sits at 21.75% in year one, and rental yield is 9.14% on a $114,900 entry. Equity gained on principal adds $741/yr, while 5% annual appreciation builds toward $31,745 over five years. Five-year ROI reaches 113.99% and total cumulative return in cash sums $43,418. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $875/mo property income rather than buyer’s personal income.
Manufactured
Built in 2008
0.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75501, Texarkana, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,734 (100%) |
| Owner Occupied HU | 8,081 (51.4%) |
| Renter Occupied HU | 6,091 (38.7%) |
| Vacant Housing Units | 1,562 ( 9.9%) |
| Median Home Value | $171,459 |
| Average Home Value | $217,741 |
Housing Distribution
Address Breakdown
Residential
15,400
Single Family
13,638
Multi-Family
1,762
Businesses
1,259
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Listed by: Penny M Brabham • Superior Realty
Mls Name: CARMLS
Mls Provider:
Mls ID: #25016672
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.