1304 S Locust StClarksvilleTX75426
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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 Clarksville at 1304 S Locust St, Clarksville, TX, 75426 priced at $136,000 converts $1,030/mo rent into $63/mo cash flow after a $666/mo obligation. Total monthly income equals $1,030/mo, and annual cash flow totals $750/yr on $45,084 invested. Return on cash invested prints 21.57% in year one, and rental yield reads 9.09% against a $136,000 entry. Equity gained on principal adds $878/yr, while 5% annual appreciation compiles into $37,574 by year five. Five-year ROI reaches 113.02% and total cumulative return in cash sums $50,954. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,030/mo property income covering a $666/mo payment, not borrower’s personal income.
Single Family
Built in 1969
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75426, Clarksville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,613 (100%) |
| Owner Occupied HU | 1,417 (54.2%) |
| Renter Occupied HU | 661 (25.3%) |
| Vacant Housing Units | 535 (20.5%) |
| Median Home Value | $101,071 |
| Average Home Value | $167,484 |
Housing Distribution
Address Breakdown
Residential
2,311
Single Family
2,310
Multi-Family
1
Businesses
243
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Listed by: Victor Bishop • Century 21 Harvey Properties-P
Mls Name: NTREIS
Mls ID: #20859786
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.