16734 Meadow Crest DrLindaleTX75771
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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 Lindale at 16734 Meadow Crest Dr, Lindale, TX, 75771 offers a 9.74% rental yield on a $499,900 purchase with $4,056/mo rent. Total monthly income registers $4,056/mo, and a $2,447/mo payment leaves $501/mo available for distribution. Annual cash flow reaches $6,011/yr on $165,717 to close, and return on cash invested stands at 23.54% in year one. Equity gained on principal adds $3,226/yr while 5% annual appreciation supports $138,113 over five years. Portfolio math shows five-year ROI at 123.49% and total cumulative return in cash at $204,648. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,056/mo property income against a $2,447/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75771, Lindale, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,663 (100%) |
| Owner Occupied HU | 6,977 (72.2%) |
| Renter Occupied HU | 1,892 (19.6%) |
| Vacant Housing Units | 794 ( 8.2%) |
| Median Home Value | $310,875 |
| Average Home Value | $374,508 |
Housing Distribution
Address Breakdown
Residential
9,549
Single Family
9,446
Multi-Family
103
Businesses
653
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Listed by: Carrie Chase Nuckolls • Century 21 First Group
Mls Name: NTREIS
Mls ID: #20890432
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.