20 Rock Creek DrSaladoTX76571
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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
Rental property for sale in Salado at 20 Rock Creek Dr, Salado, TX, 76571 offers $1,997/mo rent that, after a $3,304/mo payment. Total monthly income is $1,997/mo. Return on cash invested measures 4.91% in year one, and rental yield stands at 3.55% at a $675,000 entry. Equity gained on principal adds $4,356/yr while 5% annual appreciation compounds into $186,490 by year five. Five-year ROI records 23.61% and total cumulative return in cash reaches $52,431. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,997/mo property income versus a $3,304/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1981
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76571, Salado, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,913 (100%) |
| Owner Occupied HU | 3,095 (79.1%) |
| Renter Occupied HU | 574 (14.7%) |
| Vacant Housing Units | 244 ( 6.2%) |
| Median Home Value | $445,392 |
| Average Home Value | $511,914 |
Housing Distribution
Address Breakdown
Residential
4,248
Single Family
4,240
Multi-Family
8
Businesses
519
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