2 Living Waters WayDetroitTX75436
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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 Detroit at 2 Living Waters Way, Detroit, TX, 75436 with 5% annual appreciation on a $105,000 basis while $1,630/mo rent supports operations. Total monthly income totals $1,630/mo and a $514/mo payment preserves $550/mo for cash returns. Annual cash flow comes to $6,599/yr on $34,808 deployed, and return on cash invested reaches 38.87% in year one. Equity gained on principal adds $678/yr, and five-year appreciation sums $29,010 alongside rental yield of 18.63%. Five-year ROI measures 209.86% and total cumulative return in cash totals $73,046.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,630/mo property income versus a $514/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Lot
Built in N/A
0.75 Acres lot
$N/A/sqft
$1,000 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75436, Detroit, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 924 (100%) |
| Owner Occupied HU | 630 (68.2%) |
| Renter Occupied HU | 188 (20.3%) |
| Vacant Housing Units | 106 (11.5%) |
| Median Home Value | $187,209 |
| Average Home Value | $224,754 |
Housing Distribution
Address Breakdown
Residential
890
Single Family
890
Multi-Family
0
Businesses
41
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Listed by: Nick Termini • CENTURY 21 Judge Fite Co.
Mls Name: NTREIS
Mls ID: #20446257
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.