183 Cattlemans Creek Rd, Newark, TX, 76071 | $47/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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183 Cattlemans Creek Rd, Newark, TX, 76071 | $47/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Newark at 183 Cattlemans Creek Rd, Newark, TX, 76071 offers $2,536/mo rent that, after a $1,713/mo payment, leaves $47/mo cash flow. Total monthly income is $2,536/mo, and annual cash flow is $566/yr on $116,025 cash. Return on cash invested measures 20.4% in year one, and rental yield stands at 8.69% at a $350,000 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,699 by year five. Five-year ROI records 106.71% and total cumulative return in cash reaches $123,806. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,536/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 2007

9,278 sqft lot

$N/A/sqft

No HOA

More details about the property

Charming single story home located in the desirable Chisholm Springs community in Newark. This three bedroom, two bath layout offers an open and functional floor plan perfect for everyday living. The spacious living room flows seamlessly into the large breakfast area and island kitchen, creating the ideal space for gathering and entertaining. Both secondary bedrooms are generously sized, and the primary suite features a beautifully remodeled and updated bathroom. At the front of the home, youll find a large office or flex space perfect for working from home, a playroom, or a hobby area. Brand new carpet in the two secondary bedrooms and office or flex space. Step outside to a backyard built for fun! The oversized lot features a giant above ground pool, a brand new deck with an area you can mount your TV for game days or movie nights, and even has a zip line over the pool. Theres also a huge storage shed, plenty of room for a trampoline and swing set, a covered back porch, and a charming front porch to enjoy your morning coffee. The oversized garage includes extra side space for storage or workbenches.

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