168 Summer Rain WayNewarkTX76071
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 Newark at 168 Summer Rain Way, Newark, TX, 76071 offers $2,848/mo rent that, after a $1,894/mo payment, leaves $96/mo cash flow. Total monthly income is $2,848/mo, and annual cash flow is $1,154/yr on $128,291 cash. Return on cash invested measures 20.81% in year one, and rental yield stands at 8.83% at a $387,000 entry. Equity gained on principal adds $2,497/yr while 5% annual appreciation compounds into $106,921 by year five. Five-year ROI records 108.91% and total cumulative return in cash reaches $139,718. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,848/mo property income versus a $1,894/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76071, Newark, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,774 (100%) |
| Owner Occupied HU | 2,305 (83.1%) |
| Renter Occupied HU | 310 (11.2%) |
| Vacant Housing Units | 159 ( 5.7%) |
| Median Home Value | $314,831 |
| Average Home Value | $314,008 |
Housing Distribution
Address Breakdown
Residential
1,845
Single Family
1,818
Multi-Family
27
Businesses
108
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
