2441 County Road 3512DikeTX75437
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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
Rental property for sale in Dike at 2441 County Road 3512, Dike, TX, 75437 generates $1,800/mo in rent and, after a $581/mo payment, leaves $906/mo in cash flow. Total monthly income is $1,800/mo, and annual cash flow is $10,869/yr on $39,366 invested. Return on cash invested sits at 47.52% in year one, and rental yield is 18.19% on a $118,750 entry. Equity gained on principal adds $766/yr, while 5% annual appreciation builds toward $32,808 over five years. Five-year ROI reaches 252.7% and total cumulative return in cash sums $99,479. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,800/mo property income rather than buyer’s personal income.
Lot
Built in N/A
4 Acres lot
$N/A/sqft
$600 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75437, Dike, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 600 (100%) |
| Owner Occupied HU | 465 (77.5%) |
| Renter Occupied HU | 62 (10.3%) |
| Vacant Housing Units | 73 (12.2%) |
| Median Home Value | $218,878 |
| Average Home Value | $264,086 |
Housing Distribution
Address Breakdown
Residential
534
Single Family
534
Multi-Family
0
Businesses
11
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Listed by: Tom Hendricks • Janet Martin Realty
Mls Name: NTREIS
Mls ID: #20720560
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.