258 Carroll Creek DrHowardwickTX79226
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 258 Carroll Creek Dr, Howardwick, TX, 79226 in Howardwick fits: $239,000, 5.96% gross yield, and a projected 5% annual appreciation rate adding $66,031 in value within five years. Rental yield 5.96%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (1.11) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $2,201/yr in principal paydown and $66,031 in appreciation project a total return of $58,693.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 6% | 6.2% |
| Monthly Cash Flow | $(512) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,188 |
| Total Monthly Debt Service | $1,604 |
| DSCR Ratio | 0.74x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79226, Clarendon, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,639 (100%) |
| Owner Occupied HU | 824 (50.3%) |
| Renter Occupied HU | 310 (18.9%) |
| Vacant Housing Units | 505 (30.8%) |
| Median Home Value | $108,989 |
| Average Home Value | $156,735 |
Housing Distribution
Address Breakdown
Residential
562
Single Family
338
Multi-Family
224
Businesses
151
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79226, Clarendon, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,639 (100%) |
| Owner Occupied HU | 824 (50.3%) |
| Renter Occupied HU | 310 (18.9%) |
| Vacant Housing Units | 505 (30.8%) |
| Median Home Value | $108,989 |
| Average Home Value | $156,735 |
Housing Distribution
Address Breakdown
Residential
562
Single Family
338
Multi-Family
224
Businesses
151
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: AMMLS
Mls ID: #26-3914