1404 Doris 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 1404 Doris Dr, Sulphur Springs, TX, 75482 priced at $199,000 pairs $1,504/mo rent with $89/mo cash flow after a $974/mo payment. Total monthly income equals $1,504/mo, and annual cash flow comes to $1,067/yr on $65,969 invested. Return on cash invested is 21.53% in year one, and rental yield stands at 9.07% on a $199,000 basis. Equity gained on principal adds $1,284/yr, and 5% annual appreciation accumulates to $54,980 by year five. Five-year ROI measures 112.74% and total cumulative return in cash reaches $74,370. For financing, Ziffy Mortgage’s DSCR program evaluates $1,504/mo property income against a $974/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
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: Marlin Jones • Freedom Realty
Mls Name: NTREIS
Mls ID: #21098526