214 County Road 4870NewarkTX76071
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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
Total monthly income runs $1,540/mo, and a $2,178/mo payment. Purchase price stands at $445,000, and rental yield measures 4.15% with $1,540/mo rent. Return on cash invested shows 6.7% in year one, and 5% annual appreciation builds toward $122,945 over five years. Five-year ROI reaches 33.19% and total cumulative return in cash records $48,968. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,540/mo property income covering a $2,178/mo payment rather than investor’s personal income.
Single Family
Built in 1998
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76071, Newark, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,774 (100%) |
| Owner Occupied HU | 2,305 (83.1%) |
| Renter Occupied HU | 310 (11.2%) |
| Vacant Housing Units | 159 ( 5.7%) |
| Median Home Value | $314,831 |
| Average Home Value | $314,008 |
Housing Distribution
Address Breakdown
Residential
1,845
Single Family
1,818
Multi-Family
27
Businesses
108
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