1617 Thousand Oaks DrDecaturTX76234
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Decatur at 1617 Thousand Oaks Dr, Decatur, TX, 76234 generates $4,493/mo in rent and, after a $2,888/mo payment, leaves $276/mo in cash flow. Total monthly income is $4,493/mo, and annual cash flow is $3,316/yr on $194,110 invested. Return on cash invested sits at 21.77% in year one, and rental yield is 9.14% on a $590,000 entry. Equity gained on principal adds $3,807/yr, while 5% annual appreciation builds toward $163,006 over five years. Five-year ROI reaches 114.05% and total cumulative return in cash sums $221,392. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,493/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
0.27 Acres lot
$N/A/sqft
$250 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76234, Decatur, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,060 (100%) |
| Owner Occupied HU | 5,721 (71.0%) |
| Renter Occupied HU | 1,737 (21.6%) |
| Vacant Housing Units | 602 ( 7.5%) |
| Median Home Value | $402,786 |
| Average Home Value | $464,320 |
Housing Distribution
Address Breakdown
Residential
8,074
Single Family
7,756
Multi-Family
318
Businesses
1,018
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alicia Jordan • Fathom Realty, LLC
Mls Name: NTREIS
Mls ID: #20676200
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.