138 Drexel DrSulphur SpringsTX75482
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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 Sulphur Springs at 138 Drexel Dr, Sulphur Springs, TX, 75482 priced at $228,900 converts $1,644/mo rent into $17/mo cash flow after a $1,120/mo obligation. Total monthly income equals $1,644/mo, and annual cash flow totals $199/yr on $75,880 invested. Return on cash invested prints 20.17% in year one, and rental yield reads 8.62% against a $228,900 entry. Equity gained on principal adds $1,477/yr, while 5% annual appreciation compiles into $63,241 by year five. Five-year ROI reaches 105.49% and total cumulative return in cash sums $80,049. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,644/mo property income covering a $1,120/mo payment, not borrower’s personal income.
Single Family
Built in 1958
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75482, Sulphur Springs, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,363 (100%) |
| Owner Occupied HU | 6,608 (58.2%) |
| Renter Occupied HU | 3,637 (32.0%) |
| Vacant Housing Units | 1,118 ( 9.8%) |
| Median Home Value | $246,201 |
| Average Home Value | $326,051 |
Housing Distribution
Address Breakdown
Residential
11,169
Single Family
9,717
Multi-Family
1,452
Businesses
1,025
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Listed by: Janet Martin • Janet Martin Realty
Mls Name: GTARMLS
Mls ID: #25007054