17071 Highway 94Apple SpringsTX75926
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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 Apple Springs at 17071 Highway 94, Apple Springs, TX, 75926 generates $0/mo in rent, after a $2,338/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -5.84% in year one, and rental yield is 0% on a $477,620 entry. Equity gained on principal adds $3,082/yr, while 5% annual appreciation builds toward $131,958 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Manufactured
Built in 2013
30.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75926, Apple Springs, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 687 (100%) |
| Owner Occupied HU | 439 (63.9%) |
| Renter Occupied HU | 89 (13.0%) |
| Vacant Housing Units | 159 (23.1%) |
| Median Home Value | $158,500 |
| Average Home Value | $197,130 |
Housing Distribution
Address Breakdown
Residential
420
Single Family
420
Multi-Family
0
Businesses
34
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Teri Davis • RE/MAX Home & Country
Mls Name: LAR
Mls Provider:
Mls ID: #73399
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.