1476 State Highway 98New BostonTX75570
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 New Boston at 1476 State Highway 98, New Boston, TX, 75570 generates $1,076/mo in rent and, after a $685/mo payment, leaves $81/mo in cash flow. Total monthly income is $1,076/mo, and annual cash flow is $968/yr on $46,410 invested. Return on cash invested sits at 21.99% in year one, and rental yield is 9.22% on a $140,000 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 115.29% and total cumulative return in cash sums $53,506. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,076/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75570, New Boston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,895 (100%) |
| Owner Occupied HU | 2,377 (61.0%) |
| Renter Occupied HU | 1,165 (29.9%) |
| Vacant Housing Units | 353 ( 9.1%) |
| Median Home Value | $199,907 |
| Average Home Value | $219,324 |
Housing Distribution
Address Breakdown
Residential
3,675
Single Family
3,585
Multi-Family
90
Businesses
366
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Karen Hammonds • NextHome Realty Advisors
Mls Name: TMLS
Mls ID: #117274
Disclaimer: Copyright Texarkana Board of Realtors. Information is deemed reliable but not guaranteed.