1281 Basswood DrWilmerTX75141
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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 Wilmer at 1281 Basswood Dr, Wilmer, TX, 75141 priced at $258,400 converts $0/mo rent into after a $1,265/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -5.84% in year one, and rental yield reads 0% against a $258,400 entry. Equity gained on principal adds $1,667/yr, while 5% annual appreciation compiles into $71,391 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $1,265/mo payment, not borrower’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75141, Hutchins, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,862 (100%) |
| Owner Occupied HU | 1,142 (61.3%) |
| Renter Occupied HU | 649 (34.9%) |
| Vacant Housing Units | 71 ( 3.8%) |
| Median Home Value | $112,871 |
| Average Home Value | $195,557 |
Housing Distribution
Address Breakdown
Residential
1,904
Single Family
1,570
Multi-Family
334
Businesses
227
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices