222 E Greenfield DrWake VillageTX75501
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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 Wake Village at 222 E Greenfield Dr, Wake Village, TX, 75501 earns $99/mo cash flow from $1,308/mo rent with a $832/mo payment. Total monthly income totals $1,308/mo, and annual cash flow totals $1,190/yr on $56,355 capital. ROI tracks 22.02% on current figures, and rental yield reads 9.23% at a $170,000 purchase. Equity gained on principal adds $1,097/yr, and 5% annual appreciation supports $46,968 over five years. Five-year ROI reaches 115.45% and total cumulative return in cash sums $65,061. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,308/mo property income instead of your personal income.
Single Family
Built in N/A
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75501, Texarkana, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,734 (100%) |
| Owner Occupied HU | 8,081 (51.4%) |
| Renter Occupied HU | 6,091 (38.7%) |
| Vacant Housing Units | 1,562 ( 9.9%) |
| Median Home Value | $171,459 |
| Average Home Value | $217,741 |
Housing Distribution
Address Breakdown
Residential
15,400
Single Family
13,638
Multi-Family
1,762
Businesses
1,259
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Listed by: Karen Mote • Raffaelli Realtors / TXK Homes, LLC
Mls Name: TMLS
Mls ID: #117268
Disclaimer: Copyright Texarkana Board of Realtors. Information is deemed reliable but not guaranteed.