23782 Lex LnArpTX75750
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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 Arp at 23782 Lex Ln, Arp, TX, 75750 earns from $4,234/mo rent with a $7,327/mo payment. Total monthly income totals $4,234/mo. ROI tracks 4.51% on current figures, and rental yield reads 3.39% at a $1,497,000 purchase. Equity gained on principal adds $9,660/yr, and 5% annual appreciation supports $413,594 over five years. Five-year ROI reaches 21.39% and total cumulative return in cash sums $103,757. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,234/mo property income instead of your personal income.
Single Family
Built in 2023
0.50 Acres lot
$N/A/sqft
No 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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