1314 Dewberry StWilmerTX75172
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
Rental property for sale in Wilmer at 1314 Dewberry St, Wilmer, TX, 75172 priced at $214,000 converts $2,347/mo rent into $826/mo cash flow after a $1,047/mo obligation. Total monthly income equals $2,347/mo, and annual cash flow totals $9,908/yr on $70,941 invested. Return on cash invested prints 33.88% in year one, and rental yield reads 13.16% against a $214,000 entry. Equity gained on principal adds $1,381/yr, while 5% annual appreciation compiles into $59,124 by year five. Five-year ROI reaches 178.95% and total cumulative return in cash sums $126,947. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,347/mo property income covering a $1,047/mo payment, not borrower’s personal income.
Single Family
Built in 1960
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75172, Wilmer, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,928 (100%) |
| Owner Occupied HU | 1,059 (54.9%) |
| Renter Occupied HU | 735 (38.1%) |
| Vacant Housing Units | 134 ( 7.0%) |
| Median Home Value | $140,132 |
| Average Home Value | $168,730 |
Housing Distribution
Address Breakdown
Residential
2,278
Single Family
1,106
Multi-Family
1,172
Businesses
150
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carolyn Sanchez • Levitate Real Estate
Mls Name: NTREIS
Mls ID: #20933605
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.