1123 Fm 2626NewtonTX75966
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Nearby investment properties with comparable prices
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
Investment property for sale in Newton at 1123 Fm 2626, Newton, TX, 75966 earns from $1,505/mo rent with a $1,933/mo payment. Total monthly income totals $1,505/mo. ROI tracks 7.96% on current figures, and rental yield reads 4.57% at a $395,000 purchase. Equity gained on principal adds $2,549/yr, and 5% annual appreciation supports $109,131 over five years. Five-year ROI reaches 40.01% and total cumulative return in cash sums $52,386. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,505/mo property income instead of your personal income.
Single Family
Built in 1985
62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75966, Newton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,041 (100%) |
| Owner Occupied HU | 1,399 (68.5%) |
| Renter Occupied HU | 303 (14.8%) |
| Vacant Housing Units | 339 (16.6%) |
| Median Home Value | $103,840 |
| Average Home Value | $142,336 |
Housing Distribution
Address Breakdown
Residential
1,588
Single Family
1,586
Multi-Family
2
Businesses
157
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Listed by: Angela McDonald • Re/Max Ranch and Residential
Mls Name: HAR
Mls Provider:
Mls ID: #50611707
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