23510 High Hill Dr #7ArpTX75750
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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
Rental property for sale in Arp at 23510 High Hill Dr #7, Arp, TX, 75750 generates $1,500/mo in rent, after a $2,874/mo payment. Total monthly income is $1,500/mo. Return on cash invested sits at 1.89% in year one, and rental yield is 3.07% on a $587,250 entry. Equity gained on principal adds $3,789/yr, while 5% annual appreciation builds toward $162,246 over five years. Five-year ROI reaches 7.96% and total cumulative return in cash sums $15,389. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,500/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
2,626 sqft lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75750, Arp, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,740 (100%) |
| Owner Occupied HU | 1,350 (77.6%) |
| Renter Occupied HU | 215 (12.4%) |
| Vacant Housing Units | 175 (10.1%) |
| Median Home Value | $275,990 |
| Average Home Value | $312,206 |
Housing Distribution
Address Breakdown
Residential
1,572
Single Family
1,572
Multi-Family
0
Businesses
70
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Listed by: Susan Schul • At Properties Christie's Int'l
Mls Name: NTREIS
Mls ID: #20812073
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.