1613 Caddo StCommerceTX75428
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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 Commerce at 1613 Caddo St, Commerce, TX, 75428 generates $2,376/mo in rent and, after a $905/mo payment, leaves $1,061/mo in cash flow. Total monthly income is $2,376/mo, and annual cash flow is $12,731/yr on $61,328 invested. Return on cash invested sits at 40.67% in year one, and rental yield is 15.41% on a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 215.36% and total cumulative return in cash sums $132,075. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,376/mo property income rather than buyer’s personal income.
Single Family
Built in 1934
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75428, Commerce, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,530 (100%) |
| Owner Occupied HU | 1,672 (36.9%) |
| Renter Occupied HU | 2,069 (45.7%) |
| Vacant Housing Units | 789 (17.4%) |
| Median Home Value | $213,864 |
| Average Home Value | $283,327 |
Housing Distribution
Address Breakdown
Residential
4,160
Single Family
3,443
Multi-Family
717
Businesses
278
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Listed by: Rosio Bucio • CENTURY 21 Judge Fite Co.
Mls Name: NTREIS
Mls ID: #20707550
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.