1506 Latimer CtTrentonTX75490
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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 Trenton at 1506 Latimer Ct, Trenton, TX, 75490 priced at $396,348 converts $0/mo rent into after a $1,940/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -6.21% in year one, and rental yield reads 0% against a $396,348 entry. Equity gained on principal adds $2,558/yr, while 5% annual appreciation compiles into $109,504 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $1,940/mo payment, not borrower’s personal income.
Single Family
Built in 2024
5,998 sqft lot
$N/A/sqft
$490 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75490, Trenton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,178 (100%) |
| Owner Occupied HU | 924 (78.4%) |
| Renter Occupied HU | 169 (14.3%) |
| Vacant Housing Units | 85 ( 7.2%) |
| Median Home Value | $284,270 |
| Average Home Value | $353,693 |
Housing Distribution
Address Breakdown
Residential
1,191
Single Family
1,191
Multi-Family
0
Businesses
84
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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Listed by: Marsha Ashlock • Visions Realty & Investments
Mls Name: NTREIS
Mls ID: #21064003
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