258 Carroll Creek DrHowardwickTX79226
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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 Howardwick at 258 Carroll Creek Dr, Howardwick, TX, 79226 with 5% annual appreciation on a $275,000 basis while $2,290/mo rent supports operations. Total monthly income totals $2,290/mo and a $1,346/mo payment preserves $334/mo for cash returns. Annual cash flow comes to $4,013/yr on $91,163 deployed, and return on cash invested reaches 24.31% in year one. Equity gained on principal adds $1,775/yr, and five-year appreciation sums $75,977 alongside rental yield of 9.99%. Five-year ROI measures 127.68% and total cumulative return in cash totals $116,399.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,290/mo property income versus a $1,346/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1975
2 Acres 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
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Listed by: Hailey Callaway • Texas Made Realty
Mls Name: AMMLS
Mls ID: #25-5876