117 David Dr, New Boston, TX, 75570 | $368/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in New Boston at 117 David Dr, New Boston, TX, 75570 with 5% annual appreciation on a $174,500 basis while $1,610/mo rent supports operations. Total monthly income totals $1,610/mo and a $854/mo payment preserves $368/mo for cash returns. Annual cash flow comes to $4,413/yr on $57,847 deployed, and return on cash invested reaches 27.54% in year one. Equity gained on principal adds $1,126/yr, and five-year appreciation sums $48,211 alongside rental yield of 11.07%. Five-year ROI measures 144.99% and total cumulative return in cash totals $83,874.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,610/mo property income versus a $854/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1987

7,840 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 75570, New Boston, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,895 (100%)
Owner Occupied HU	2,377 (61.0%)
Renter Occupied HU	1,165 (29.9%)
Vacant Housing Units	353 ( 9.1%)
Median Home Value	$199,907
Average Home Value	$219,324