206 N Main StEdgewoodTX75117
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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
Investment property for sale in Edgewood at 206 N Main St, Edgewood, TX, 75117 uses $64,643 cash to close to unlock $2,025/yr annual cash flow and $169/mo monthly cash flow. Total monthly income runs $1,555/mo, and a $954/mo payment keeps the spread at $169/mo. Purchase price stands at $195,000, and rental yield measures 9.57% with $1,555/mo rent. Return on cash invested shows 23.04% in year one, and 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 120.85% and total cumulative return in cash records $78,118. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,555/mo property income covering a $954/mo payment rather than investor’s personal income.
Single Family
Built in 1970
0.28 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75117, Edgewood, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,858 (100%) |
| Owner Occupied HU | 1,288 (69.3%) |
| Renter Occupied HU | 399 (21.5%) |
| Vacant Housing Units | 171 ( 9.2%) |
| Median Home Value | $313,497 |
| Average Home Value | $669,722 |
Housing Distribution
Address Breakdown
Residential
1,581
Single Family
1,559
Multi-Family
22
Businesses
128
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Listed by: Lisa Rhodes • KW-Cedar Creek Lake Properties
Mls Name: NTREIS
Mls ID: #20841979
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.