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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Newark at 197 Point Rider Rd, Newark, TX, 76071 listed at $350,000 pairs $2,698/mo rent with a $1,713/mo payment to leave $172/mo cash flow. Total monthly income runs $2,698/mo, and annual cash flow reaches $2,070/yr on $116,025 cash to close. Return on cash invested measures 21.69% in year one, and rental yield registers 9.25% at a $350,000 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,699 by year five. Five-year ROI tracks 113.76% and total cumulative return in cash totals $131,990. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,698/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2020
7,405 sqft lot
$N/A/sqft
$110 quarterly HOA
Neighborhood data shown for ZIP Code: 76071, Newark, TX area.
| 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 |
Residential
1,845
Single Family
1,818
Multi-Family
27
Businesses
108
Date | Event | Price |
|---|---|---|
| 2025-06-30 | Listed for sale | $350,000 |
| 2022-08-16 | Sold | N/A |
| 2022-07-12 | Pending sale | $369,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-30 | $937.23 | 3.11% | $360,933 | N/A |
| 2023-06-30 | $908.93 | N/A | $360,933 | 23.35% |
| 2022-06-30 | N/A | N/A | $292,598 | 10.00% |
Listed by: Christie Cannon • Keller Williams Frisco Stars
Mls Name: NTREIS
Mls ID: #20985313
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.
