203 W Pioneer StWake VillageTX75501
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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 Wake Village at 203 W Pioneer St, Wake Village, TX, 75501 offers $2,887/mo rent that, after a $969/mo payment, leaves $1,479/mo cash flow. Total monthly income is $2,887/mo, and annual cash flow is $17,749/yr on $65,637 cash. Return on cash invested measures 46.95% in year one, and rental yield stands at 17.5% at a $198,000 entry. Equity gained on principal adds $1,278/yr while 5% annual appreciation compounds into $54,704 by year five. Five-year ROI records 249.14% and total cumulative return in cash reaches $163,528. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,887/mo property income versus a $969/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75501, Texarkana, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,734 (100%) |
| Owner Occupied HU | 8,081 (51.4%) |
| Renter Occupied HU | 6,091 (38.7%) |
| Vacant Housing Units | 1,562 ( 9.9%) |
| Median Home Value | $171,459 |
| Average Home Value | $217,741 |
Housing Distribution
Address Breakdown
Residential
15,400
Single Family
13,638
Multi-Family
1,762
Businesses
1,259
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Listed by: Doris Morris • Doris Morris
Mls Name: TMLS
Mls ID: #115489
Disclaimer: Copyright Texarkana Board of Realtors. Information is deemed reliable but not guaranteed.