204 Cummings LnTexarkanaTX75501
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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 Texarkana at 204 Cummings Ln, Texarkana, TX, 75501 priced at $229,900 converts $2,304/mo rent into $669/mo cash flow after a $1,125/mo obligation. Total monthly income equals $2,304/mo, and annual cash flow totals $8,033/yr on $76,212 invested. Return on cash invested prints 30.45% in year one, and rental yield reads 12.03% against a $229,900 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation compiles into $63,517 by year five. Five-year ROI reaches 160.6% and total cumulative return in cash sums $122,399. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,304/mo property income covering a $1,125/mo payment, not borrower’s personal income.
Single Family
Built in 1963
0.47 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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