2429 Joe Davis RdWhitewrightTX75491
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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 Whitewright at 2429 Joe Davis Rd, Whitewright, TX, 75491 earns from $2,849/mo rent with a $2,692/mo payment. Total monthly income totals $2,849/mo. ROI tracks 13.02% on current figures, and rental yield reads 6.22% at a $550,000 purchase. Equity gained on principal adds $3,549/yr, and 5% annual appreciation supports $151,955 over five years. Five-year ROI reaches 67.06% and total cumulative return in cash sums $121,354. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,849/mo property income instead of your personal income.
Manufactured
Built in 2007
11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75491, Whitewright, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,574 (100%) |
| Owner Occupied HU | 1,894 (73.6%) |
| Renter Occupied HU | 478 (18.6%) |
| Vacant Housing Units | 202 ( 7.8%) |
| Median Home Value | $307,349 |
| Average Home Value | $366,795 |
Housing Distribution
Address Breakdown
Residential
2,223
Single Family
2,183
Multi-Family
40
Businesses
99
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Listed by: N/A • N/A
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