129 Saint Michaels 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 129 Saint Michaels Dr, Trinidad, TX, 75163 priced at $325,000 converts $1,939/mo rent into after a $1,591/mo obligation. Total monthly income equals $1,939/mo. Return on cash invested prints 15.76% in year one, and rental yield reads 7.16% against a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation compiles into $89,792 by year five. Five-year ROI reaches 81.82% and total cumulative return in cash sums $88,153. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,939/mo property income covering a $1,591/mo payment, not borrower’s personal income.
Manufactured
Built in 2002
1.10 Acres lot
$N/A/sqft
No 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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