230 Cofer RdLeonardTX75424
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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 Leonard at 230 Cofer Rd, Leonard, TX, 75424 uses $180,917 cash to close to unlock $2,473/yr annual cash flow and $206/mo monthly cash flow. Total monthly income runs $4,116/mo, and a $2,691/mo payment keeps the spread at $206/mo. Purchase price stands at $549,900, and rental yield measures 8.98% with $4,116/mo rent. Return on cash invested shows 21.43% in year one, and 5% annual appreciation builds toward $151,927 over five years. Five-year ROI reaches 112.18% and total cumulative return in cash records $202,958. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,116/mo property income covering a $2,691/mo payment rather than investor’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75424, Blue Ridge, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,630 (100%) |
| Owner Occupied HU | 1,311 (80.4%) |
| Renter Occupied HU | 243 (14.9%) |
| Vacant Housing Units | 76 ( 4.7%) |
| Median Home Value | $512,366 |
| Average Home Value | $518,837 |
Housing Distribution
Address Breakdown
Residential
1,662
Single Family
1,662
Multi-Family
0
Businesses
101
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