195 Private Road 3496ParadiseTX76073
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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 Paradise at 195 Private Road 3496, Paradise, TX, 76073 uses $227,010 cash to close to unlock $16,842/yr annual cash flow and $1,404/mo monthly cash flow. Total monthly income runs $6,310/mo, and a $3,377/mo payment keeps the spread at $1,404/mo. Purchase price stands at $690,000, and rental yield measures 10.97% with $6,310/mo rent. Return on cash invested shows 27.48% in year one, and 5% annual appreciation builds toward $190,634 over five years. Five-year ROI reaches 144.63% and total cumulative return in cash records $328,316. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,310/mo property income covering a $3,377/mo payment rather than investor’s personal income.
Single Family
Built in 2016
10.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76073, Paradise, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,914 (100%) |
| Owner Occupied HU | 2,360 (81.0%) |
| Renter Occupied HU | 374 (12.8%) |
| Vacant Housing Units | 180 ( 6.2%) |
| Median Home Value | $363,609 |
| Average Home Value | $415,214 |
Housing Distribution
Address Breakdown
Residential
2,666
Single Family
2,666
Multi-Family
0
Businesses
104
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Listed by: Conner Nielsen • John Hill, Broker
Mls Name: NTREIS
Mls ID: #20605372
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.