1303 Lake Cross RdHideawayTX75771
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Hideaway at 1303 Lake Cross Rd, Hideaway, TX, 75771 with 5% annual appreciation on a $144,600 basis while $1,550/mo rent supports operations. Total monthly income totals $1,550/mo and a $708/mo payment preserves $321/mo for cash returns. Annual cash flow comes to $3,858/yr on $47,935 deployed, and return on cash invested reaches 27.96% in year one. Equity gained on principal adds $933/yr, and five-year appreciation sums $39,950 alongside rental yield of 12.86%. Five-year ROI measures 149.08% and total cumulative return in cash totals $71,463.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,550/mo property income versus a $708/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1978
N/A lot
$N/A/sqft
$200 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75771, Lindale, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,663 (100%) |
| Owner Occupied HU | 6,977 (72.2%) |
| Renter Occupied HU | 1,892 (19.6%) |
| Vacant Housing Units | 794 ( 8.2%) |
| Median Home Value | $310,875 |
| Average Home Value | $374,508 |
Housing Distribution
Address Breakdown
Residential
9,549
Single Family
9,446
Multi-Family
103
Businesses
653
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices