120 County Road 1836CarthageTX75633
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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 Carthage at 120 County Road 1836, Carthage, TX, 75633 generates $1,739/mo in rent and, after a $1,101/mo payment, leaves $123/mo in cash flow. Total monthly income is $1,739/mo, and annual cash flow is $1,471/yr on $74,588 invested. Return on cash invested sits at 21.88% in year one, and rental yield is 9.27% on a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 114.76% and total cumulative return in cash sums $85,593. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,739/mo property income rather than buyer’s personal income.
Manufactured
Built in 1999
0.82 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75633, Carthage, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,417 (100%) |
| Owner Occupied HU | 4,150 (64.7%) |
| Renter Occupied HU | 1,292 (20.1%) |
| Vacant Housing Units | 975 (15.2%) |
| Median Home Value | $202,650 |
| Average Home Value | $247,024 |
Housing Distribution
Address Breakdown
Residential
6,281
Single Family
6,052
Multi-Family
229
Businesses
828
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