123 Channelview DrTrinidadTX75163
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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 Trinidad at 123 Channelview Dr, Trinidad, TX, 75163 priced at $350,000 pairs $2,500/mo rent with after a $1,713/mo payment. Total monthly income equals $2,500/mo. Return on cash invested is 19.87% in year one, and rental yield stands at 8.57% on a $350,000 basis. Equity gained on principal adds $2,258/yr, and 5% annual appreciation accumulates to $96,699 by year five. Five-year ROI measures 103.93% and total cumulative return in cash reaches $120,590. For financing, Ziffy Mortgage’s DSCR program evaluates $2,500/mo property income against a $1,713/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2023
0.56 sqft lot
$N/A/sqft
$180 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75163, Trinidad, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,567 (100%) |
| Owner Occupied HU | 883 (56.3%) |
| Renter Occupied HU | 191 (12.2%) |
| Vacant Housing Units | 493 (31.5%) |
| Median Home Value | $261,706 |
| Average Home Value | $314,185 |
Housing Distribution
Address Breakdown
Residential
1,295
Single Family
1,295
Multi-Family
0
Businesses
48
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Listed by: Baselisa Fontes-Carrillo • Rendon Realty, LLC
Mls Name: NTREIS
Mls ID: #20508444
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.