203 W 2nd StDodd CityTX75438
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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 Dodd City at 203 W 2nd St, Dodd City, TX, 75438 generates $1,320/mo in rent, after a $1,170/mo payment. Total monthly income is $1,320/mo. Return on cash invested sits at 14.16% in year one, and rental yield is 6.63% on a $239,000 entry. Equity gained on principal adds $1,542/yr, while 5% annual appreciation builds toward $66,031 over five years. Five-year ROI reaches 73.26% and total cumulative return in cash sums $58,044. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,320/mo property income rather than buyer’s personal income.
Single Family
Built in 1997
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75438, Dodd City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 396 (100%) |
| Owner Occupied HU | 291 (73.5%) |
| Renter Occupied HU | 59 (14.9%) |
| Vacant Housing Units | 46 (11.6%) |
| Median Home Value | $239,583 |
| Average Home Value | $362,835 |
Housing Distribution
Address Breakdown
Residential
337
Single Family
337
Multi-Family
0
Businesses
13
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