2305 Cherry Hill RdTexarkanaTX75503
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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 Texarkana at 2305 Cherry Hill Rd, Texarkana, TX, 75503 uses $34,443 cash to close to unlock $17,087/yr annual cash flow and $1,424/mo monthly cash flow. Total monthly income runs $2,510/mo, and a $509/mo payment keeps the spread at $1,424/mo. Purchase price stands at $103,900, and rental yield measures 28.99% with $2,510/mo rent. Return on cash invested shows 69.52% in year one, and 5% annual appreciation builds toward $28,706 over five years. Five-year ROI reaches 374.48% and total cumulative return in cash records $128,980. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,510/mo property income covering a $509/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75503, Texarkana, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,087 (100%) |
| Owner Occupied HU | 6,217 (56.1%) |
| Renter Occupied HU | 3,871 (34.9%) |
| Vacant Housing Units | 999 ( 9.0%) |
| Median Home Value | $272,309 |
| Average Home Value | $343,342 |
Housing Distribution
Address Breakdown
Residential
11,525
Single Family
9,358
Multi-Family
2,167
Businesses
1,263
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