1506 Thanksgiving RoadUtopiaTX78884
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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 Utopia at 1506 Thanksgiving Road, Utopia, TX, 78884 offers $1,902/mo rent that, after a $1,904/mo payment. Total monthly income is $1,902/mo. Return on cash invested measures 11.87% in year one, and rental yield stands at 5.87% at a $389,000 entry. Equity gained on principal adds $2,510/yr while 5% annual appreciation compounds into $107,474 by year five. Five-year ROI records 60.93% and total cumulative return in cash reaches $78,570. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,902/mo property income versus a $1,904/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
17.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78884, Utopia, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 623 (100%) |
| Owner Occupied HU | 377 (60.5%) |
| Renter Occupied HU | 62 ( 10.0%) |
| Vacant Housing Units | 184 (29.5%) |
| Median Home Value | $474,590 |
| Average Home Value | $488,183 |
Housing Distribution
Address Breakdown
Residential
50
Single Family
50
Multi-Family
0
Businesses
67
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