1445 County Road 2230IvanhoeTX75447
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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 Ivanhoe at 1445 County Road 2230, Ivanhoe, TX, 75447 offers a 8.98% rental yield on a $275,000 purchase with $2,058/mo rent. Total monthly income registers $2,058/mo, and a $1,346/mo payment leaves $102/mo available for distribution. Annual cash flow reaches $1,229/yr on $91,163 to close, and return on cash invested stands at 21.26% in year one. Equity gained on principal adds $1,775/yr while 5% annual appreciation supports $75,977 over five years. Portfolio math shows five-year ROI at 111.32% and total cumulative return in cash at $101,483. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,058/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2017
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75447, Ivanhoe, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 528 (100%) |
| Owner Occupied HU | 405 (76.7%) |
| Renter Occupied HU | 58 (11.0%) |
| Vacant Housing Units | 65 (12.3%) |
| Median Home Value | $309,028 |
| Average Home Value | $463,302 |
Housing Distribution
Address Breakdown
Residential
488
Single Family
488
Multi-Family
0
Businesses
28
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