126 Hidden Lake DrPowderlyTX75473
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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 Powderly at 126 Hidden Lake Dr, Powderly, TX, 75473 priced at $429,900 converts $2,538/mo rent into after a $2,104/mo obligation. Total monthly income equals $2,538/mo. Return on cash invested prints 15.4% in year one, and rental yield reads 7.08% against a $429,900 entry. Equity gained on principal adds $2,774/yr, while 5% annual appreciation compiles into $118,773 by year five. Five-year ROI reaches 79.93% and total cumulative return in cash sums $113,911. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,538/mo property income covering a $2,104/mo payment, not borrower’s personal income.
Single Family
Built in 2003
3.17 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75473, Powderly, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,718 (100%) |
| Owner Occupied HU | 1,289 (75.0%) |
| Renter Occupied HU | 264 (15.4%) |
| Vacant Housing Units | 165 ( 9.6%) |
| Median Home Value | $285,682 |
| Average Home Value | $355,318 |
Housing Distribution
Address Breakdown
Residential
1,567
Single Family
1,567
Multi-Family
0
Businesses
78
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Listed by: Leah Rolen • Keller Williams Legacy
Mls Name: GTARMLS
Mls Provider:
Mls ID: #25003653
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.