2112 Meadowview DrCaddo 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
Investment property for sale in Caddo Mills at 2112 Meadowview Dr, Caddo Mills, TX, 75135 offers a 8.66% rental yield on a $359,900 purchase with $2,596/mo rent. Total monthly income registers $2,596/mo, and a $1,762/mo payment leaves $36/mo available for distribution. Annual cash flow reaches $435/yr on $119,307 to close, and return on cash invested stands at 20.27% in year one. Equity gained on principal adds $2,322/yr while 5% annual appreciation supports $99,434 over five years. Portfolio math shows five-year ROI at 106.03% and total cumulative return in cash at $126,506. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,596/mo property income against a $1,762/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
0.61 Acres 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: Katia Camacho • Bradford Elite Real Estate LLC
Mls Name: NTREIS
Mls ID: #20994939