2387 Forehand RdTrinidadTX75163
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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 Trinidad at 2387 Forehand Rd, Trinidad, TX, 75163 offers a 2.91% rental yield on a $950,000 purchase with $2,302/mo rent. 96% in year one. Equity gained on principal adds $6,130/yr while 5% annual appreciation supports $262,467 over five years. Portfolio math shows five-year ROI at 13.15% and total cumulative return in cash at $41,102. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,302/mo property income against a $4,650/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
7.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75163, Trinidad, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,567 (100%) |
| Owner Occupied HU | 883 (56.3%) |
| Renter Occupied HU | 191 (12.2%) |
| Vacant Housing Units | 493 (31.5%) |
| Median Home Value | $261,706 |
| Average Home Value | $314,185 |
Housing Distribution
Address Breakdown
Residential
1,295
Single Family
1,295
Multi-Family
0
Businesses
48
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