24 Village CirWake VillageTX75501
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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 Wake Village at 24 Village Cir, Wake Village, TX, 75501 at $219,000 posts ROI 30.33% with $631/mo cash flow from $2,188/mo rent. Total monthly income equals $2,188/mo, and annual cash flow records $7,567/yr on $72,599 to close. Return on cash invested measures 30.33% and rental yield reads 11.99% at the current $219,000. Equity gained on principal adds $1,413/yr, and 5% annual appreciation supports $60,506 by year five. Five-year ROI prints 159.98% and total cumulative return in cash totals $116,145.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,188/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75501, Texarkana, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,734 (100%) |
| Owner Occupied HU | 8,081 (51.4%) |
| Renter Occupied HU | 6,091 (38.7%) |
| Vacant Housing Units | 1,562 ( 9.9%) |
| Median Home Value | $171,459 |
| Average Home Value | $217,741 |
Housing Distribution
Address Breakdown
Residential
15,400
Single Family
13,638
Multi-Family
1,762
Businesses
1,259
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Listed by: Zach Rateliff • Coldwell Banker Elite
Mls Name: TMLS
Mls ID: #115359
Disclaimer: Copyright Texarkana Board of Realtors. Information is deemed reliable but not guaranteed.