1365 Sullivan RdApple SpringsTX75926
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 Apple Springs at 1365 Sullivan Rd, Apple Springs, TX, 75926 priced at $125,000 converts $944/mo rent into $55/mo cash flow after a $612/mo obligation. Total monthly income equals $944/mo, and annual cash flow totals $659/yr on $41,438 invested. Return on cash invested prints 21.5% in year one, and rental yield reads 9.06% against a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation compiles into $34,535 by year five. Five-year ROI reaches 112.58% and total cumulative return in cash sums $46,649. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $944/mo property income covering a $612/mo payment, not borrower’s personal income.
Single Family
Built in 2020
2.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75926, Apple Springs, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 687 (100%) |
| Owner Occupied HU | 439 (63.9%) |
| Renter Occupied HU | 89 (13.0%) |
| Vacant Housing Units | 159 (23.1%) |
| Median Home Value | $158,500 |
| Average Home Value | $197,130 |
Housing Distribution
Address Breakdown
Residential
420
Single Family
420
Multi-Family
0
Businesses
34
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amanda Roden • Legacy Real Estate Group
Mls Name: HAR
Mls Provider:
Mls ID: #96871576
Disclaimer: Copyright 2025, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers 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.