2473 County Road 199IredellTX76649
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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
Total monthly income runs $2,393/mo, and a $3,482/mo payment. Purchase price stands at $711,500, and rental yield measures 4.04% with $2,393/mo rent. Return on cash invested shows 6.39% in year one, and 5% annual appreciation builds toward $196,574 over five years. Five-year ROI reaches 31.54% and total cumulative return in cash records $73,826. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,393/mo property income covering a $3,482/mo payment rather than investor’s personal income.
Single Family
Built in 2018
24.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76649, Iredell, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 469 (100%) |
| Owner Occupied HU | 264 (56.3%) |
| Renter Occupied HU | 49 (10.4%) |
| Vacant Housing Units | 156 (33.3%) |
| Median Home Value | $188,636 |
| Average Home Value | $222,661 |
Housing Distribution
Address Breakdown
Residential
277
Single Family
277
Multi-Family
0
Businesses
34
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