216 Sharlotte DrNew BostonTX75570
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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 New Boston at 216 Sharlotte Dr, New Boston, TX, 75570 listed at $165,000 pairs $2,879/mo rent with a $808/mo payment to leave $1,705/mo cash flow. Total monthly income runs $2,879/mo, and annual cash flow reaches $20,463/yr on $54,698 cash to close. Return on cash invested measures 57.32% in year one, and rental yield registers 20.94% at a $165,000 basis. Equity gained on principal adds $1,065/yr, and annual property appreciation at 5% supports $45,586 by year five. Five-year ROI tracks 304.75% and total cumulative return in cash totals $166,691. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,879/mo property income relative to a $808/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75570, New Boston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,895 (100%) |
| Owner Occupied HU | 2,377 (61.0%) |
| Renter Occupied HU | 1,165 (29.9%) |
| Vacant Housing Units | 353 ( 9.1%) |
| Median Home Value | $199,907 |
| Average Home Value | $219,324 |
Housing Distribution
Address Breakdown
Residential
3,675
Single Family
3,585
Multi-Family
90
Businesses
366
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Listed by: Ashley Kelsoe • Glass Land and Home LLC
Mls Name: TMLS
Mls ID: #114623
Disclaimer: Copyright Texarkana Board of Realtors. Information is deemed reliable but not guaranteed.