148 Longhorn PassCaddo 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 148 Longhorn Pass, Caddo Mills, TX, 75135 with 5% annual appreciation on a $314,990 basis while $3,980/mo rent supports operations. Total monthly income totals $3,980/mo and a $1,542/mo payment preserves $1,549/mo for cash returns. Annual cash flow comes to $18,583/yr on $104,419 deployed, and return on cash invested reaches 37.71% in year one. Equity gained on principal adds $2,033/yr, and five-year appreciation sums $87,026 alongside rental yield of 15.16%. Five-year ROI measures 200.29% and total cumulative return in cash totals $209,138.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,980/mo property income versus a $1,542/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2021
6,621 sqft lot
$N/A/sqft
$480 annually 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: Ashley Young • Sincerity Real Estate, LLC
Mls Name: NTREIS
Mls ID: #20648468
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.