1437 Millstead Rill DrCaddo 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
Investment property for sale in Caddo Mills at 1437 Millstead Rill Dr, Caddo Mills, TX, 75135 listed at $315,000 pairs $3,062/mo rent with a $1,542/mo payment to leave $822/mo cash flow. Total monthly income runs $3,062/mo, and annual cash flow reaches $9,861/yr on $104,423 cash to close. Return on cash invested measures 29.35% in year one, and rental yield registers 11.66% at a $315,000 basis. Equity gained on principal adds $2,033/yr, and annual property appreciation at 5% supports $87,029 by year five. Five-year ROI tracks 154.7% and total cumulative return in cash totals $161,537. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,062/mo property income relative to a $1,542/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
6,272 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: Diana Allen • Unbundle Realty, L.L.C.
Mls Name: NTREIS
Mls ID: #21071756