2685 N State Highway 16StrawnTX76475
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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 Strawn at 2685 N State Highway 16, Strawn, TX, 76475 listed at $799,900 pairs $1,240/mo rent with a $3,915/mo payment. Total monthly income runs $1,240/mo. Return on cash invested measures -0.6% in year one, and rental yield registers 1.86% at a $799,900 basis. Equity gained on principal adds $5,162/yr, and annual property appreciation at 5% supports $220,998 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,240/mo property income relative to a $3,915/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2020
11.05 Acres lot
$N/A/sqft
$1,000 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76475, Strawn, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 861 (100%) |
| Owner Occupied HU | 305 (35.4%) |
| Renter Occupied HU | 98 (11.4%) |
| Vacant Housing Units | 458 (53.2%) |
| Median Home Value | $148,958 |
| Average Home Value | $259,541 |
Housing Distribution
Address Breakdown
Residential
233
Single Family
233
Multi-Family
0
Businesses
52
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Listed by: Michael Powell • MIKE POWELL REAL ESTATE
Mls Name: NTREIS
Mls ID: #20660590
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.