121 Allen StArpTX75750
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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 Arp at 121 Allen St, Arp, TX, 75750 priced at $209,900 converts $1,980/mo rent into $488/mo cash flow after a $1,027/mo obligation. Total monthly income equals $1,980/mo, and annual cash flow totals $5,853/yr on $69,582 invested. Return on cash invested prints 28.32% in year one, and rental yield reads 11.32% against a $209,900 entry. Equity gained on principal adds $1,354/yr, while 5% annual appreciation compiles into $57,992 by year five. Five-year ROI reaches 149.15% and total cumulative return in cash sums $103,784. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,980/mo property income covering a $1,027/mo payment, not borrower’s personal income.
Manufactured
Built in 2007
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75750, Arp, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,740 (100%) |
| Owner Occupied HU | 1,350 (77.6%) |
| Renter Occupied HU | 215 (12.4%) |
| Vacant Housing Units | 175 (10.1%) |
| Median Home Value | $275,990 |
| Average Home Value | $312,206 |
Housing Distribution
Address Breakdown
Residential
1,572
Single Family
1,572
Multi-Family
0
Businesses
70
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