213 Piper CtCaddo MillsTX75135
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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 Caddo Mills at 213 Piper Ct, Caddo Mills, TX, 75135 earns $549/mo cash flow from $4,460/mo rent with a $2,692/mo payment. Total monthly income totals $4,460/mo, and annual cash flow totals $6,586/yr on $180,950 capital. ROI tracks 23.7% on current figures, and rental yield reads 9.73% at a $549,999 purchase. Equity gained on principal adds $3,549/yr, and 5% annual appreciation supports $151,955 over five years. Five-year ROI reaches 124.36% and total cumulative return in cash sums $225,021. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,460/mo property income instead of your personal income.
Single Family
Built in 2022
0.27 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
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Listed by: Bayli Parr • RE/MAX Four Corners
Mls Name: NTREIS
Mls ID: #21088458