16 Heatherwood DrTexarkanaTX75503
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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 Texarkana at 16 Heatherwood Dr, Texarkana, TX, 75503 listed at $249,900 pairs $3,341/mo rent with a $1,223/mo payment to leave $1,439/mo cash flow. Total monthly income runs $3,341/mo, and annual cash flow reaches $17,269/yr on $82,842 cash to close. Return on cash invested measures 40.76% in year one, and rental yield registers 16.04% at a $249,900 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,043 by year five. Five-year ROI tracks 216.55% and total cumulative return in cash totals $179,390. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,341/mo property income relative to a $1,223/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1976
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75503, Texarkana, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,087 (100%) |
| Owner Occupied HU | 6,217 (56.1%) |
| Renter Occupied HU | 3,871 (34.9%) |
| Vacant Housing Units | 999 ( 9.0%) |
| Median Home Value | $272,309 |
| Average Home Value | $343,342 |
Housing Distribution
Address Breakdown
Residential
11,525
Single Family
9,358
Multi-Family
2,167
Businesses
1,263
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