205 Deception Pass LnCaddo MillsTX75135
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Caddo Mills at 205 Deception Pass Ln, Caddo Mills, TX, 75135 priced at $291,490 converts $4,198/mo rent into $2,125/mo cash flow after a $1,427/mo obligation. Total monthly income equals $4,198/mo, and annual cash flow totals $25,498/yr on $96,629 invested. Return on cash invested prints 46.3% in year one, and rental yield reads 17.28% against a $291,490 entry. Equity gained on principal adds $1,881/yr, while 5% annual appreciation compiles into $80,533 by year five. Five-year ROI reaches 245.55% and total cumulative return in cash sums $237,268. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,198/mo property income covering a $1,427/mo payment, not borrower’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75135, Caddo Mills, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,444 (100%) |
| Owner Occupied HU | 3,841 (86.4%) |
| Renter Occupied HU | 415 ( 9.3%) |
| Vacant Housing Units | 188 ( 4.2%) |
| Median Home Value | $330,118 |
| Average Home Value | $368,746 |
Housing Distribution
Address Breakdown
Residential
4,255
Single Family
4,202
Multi-Family
53
Businesses
238
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stonehaven Community Manager • D.R. Horton - Dallas South
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A