113 Caddo StNevadaTX75173
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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
Investment property for sale in Nevada at 113 Caddo St, Nevada, TX, 75173 uses $96,135 cash to close to unlock $2,378/yr annual cash flow and $198/mo monthly cash flow. Total monthly income runs $2,260/mo, and a $1,419/mo payment keeps the spread at $198/mo. Purchase price stands at $290,000, and rental yield measures 9.35% with $2,260/mo rent. Return on cash invested shows 22.38% in year one, and 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 117.35% and total cumulative return in cash records $112,816. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,260/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 1960
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75173, Nevada, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,511 (100%) |
| Owner Occupied HU | 3,108 (88.5%) |
| Renter Occupied HU | 240 ( 6.8%) |
| Vacant Housing Units | 163 ( 4.6%) |
| Median Home Value | $392,701 |
| Average Home Value | $427,702 |
Housing Distribution
Address Breakdown
Residential
3,142
Single Family
3,141
Multi-Family
1
Businesses
103
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