133 Mockingbird WayCaddo MillsTX75135
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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 Caddo Mills at 133 Mockingbird Way, Caddo Mills, TX, 75135 offers $2,826/mo rent that, after a $1,552/mo payment, leaves $571/mo cash flow. Total monthly income is $2,826/mo, and annual cash flow is $6,856/yr on $105,086 cash. Return on cash invested measures 26.43% in year one, and rental yield stands at 10.7% at a $317,000 entry. Equity gained on principal adds $2,046/yr while 5% annual appreciation compounds into $87,581 by year five. Five-year ROI records 139.06% and total cumulative return in cash reaches $146,133. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,826/mo property income versus a $1,552/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
6,621 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75135, Caddo Mills, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,444 (100%) |
| Owner Occupied HU | 3,841 (86.4%) |
| Renter Occupied HU | 415 ( 9.3%) |
| Vacant Housing Units | 188 ( 4.2%) |
| Median Home Value | $330,118 |
| Average Home Value | $368,746 |
Housing Distribution
Address Breakdown
Residential
4,255
Single Family
4,202
Multi-Family
53
Businesses
238
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Listed by: Ashleigh Dulaney • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #21008350