2546 Preskitt RdDecaturTX76234
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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 Decatur at 2546 Preskitt Rd, Decatur, TX, 76234 offers $4,799/mo rent that, after a $4,821/mo payment. Total monthly income is $4,799/mo. Return on cash invested measures 11.89% in year one, and rental yield stands at 5.85% at a $985,000 entry. Equity gained on principal adds $6,356/yr while 5% annual appreciation compounds into $272,137 by year five. Five-year ROI records 61.05% and total cumulative return in cash reaches $197,830. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,799/mo property income versus a $4,821/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
7.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76234, Decatur, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,060 (100%) |
| Owner Occupied HU | 5,721 (71.0%) |
| Renter Occupied HU | 1,737 (21.6%) |
| Vacant Housing Units | 602 ( 7.5%) |
| Median Home Value | $402,786 |
| Average Home Value | $464,320 |
Housing Distribution
Address Breakdown
Residential
8,074
Single Family
7,756
Multi-Family
318
Businesses
1,018
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Listed by: Julie Wells • Real Broker, LLC
Mls Name: NTREIS
Mls ID: #20882636
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.