17425 Fm 38 NPettyTX75470
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 Petty at 17425 Fm 38 N, Petty, TX, 75470 generates $2,202/mo in rent, after a $1,566/mo payment. Total monthly income is $2,202/mo. Return on cash invested sits at 19.08% in year one, and rental yield is 8.26% on a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 99.61% and total cumulative return in cash sums $105,663. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,202/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
1.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75470, Petty, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 113 (100%) |
| Owner Occupied HU | 78 (69.0%) |
| Renter Occupied HU | 20 (17.7%) |
| Vacant Housing Units | 15 (13.3%) |
| Median Home Value | $231,250 |
| Average Home Value | $347,051 |
Housing Distribution
Address Breakdown
Residential
89
Single Family
89
Multi-Family
0
Businesses
12
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marlene Luviano • JPAR - Addison
Mls Name: NTREIS
Mls ID: #20904967
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.