132 El Dorado StDecaturTX76234
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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 Decatur at 132 El Dorado St, Decatur, TX, 76234 priced at $239,990 converts $1,867/mo rent into $160/mo cash flow after a $1,175/mo obligation. Total monthly income equals $1,867/mo, and annual cash flow totals $1,920/yr on $79,557 invested. Return on cash invested prints 22.32% in year one, and rental yield reads 9.34% against a $239,990 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation compiles into $66,305 by year five. Five-year ROI reaches 117.05% and total cumulative return in cash sums $93,119. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,867/mo property income covering a $1,175/mo payment, not borrower’s personal income.
Manufactured
Built in 2024
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76234, Decatur, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,060 (100%) |
| Owner Occupied HU | 5,721 (71.0%) |
| Renter Occupied HU | 1,737 (21.6%) |
| Vacant Housing Units | 602 ( 7.5%) |
| Median Home Value | $402,786 |
| Average Home Value | $464,320 |
Housing Distribution
Address Breakdown
Residential
8,074
Single Family
7,756
Multi-Family
318
Businesses
1,018
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Listed by: Jasmine Sellers • House Brokerage
Mls Name: NTREIS
Mls ID: #20723418
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.