2407 2nd StCaddo MillsTX75135
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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 Caddo Mills at 2407 2nd St, Caddo Mills, TX, 75135 earns $410/mo cash flow from $1,939/mo rent with a $1,052/mo payment. Total monthly income totals $1,939/mo, and annual cash flow totals $4,925/yr on $71,269 capital. ROI tracks 26.82% on current figures, and rental yield reads 10.82% at a $214,990 purchase. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,398 over five years. Five-year ROI reaches 141.15% and total cumulative return in cash sums $100,594. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,939/mo property income instead of your personal income.
Single Family
Built in 1950
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75135, Caddo Mills, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,444 (100%) |
| Owner Occupied HU | 3,841 (86.4%) |
| Renter Occupied HU | 415 ( 9.3%) |
| Vacant Housing Units | 188 ( 4.2%) |
| Median Home Value | $330,118 |
| Average Home Value | $368,746 |
Housing Distribution
Address Breakdown
Residential
4,255
Single Family
4,202
Multi-Family
53
Businesses
238
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Listed by: Shelby Mynar • Monument Realty
Mls Name: NTREIS
Mls ID: #20882241
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.