270 County Road 4847NewarkTX76071
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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
Investment Highlights
Investment property for sale in Newark at 270 County Road 4847, Newark, TX, 76071 offers a 9.39% rental yield on a $250,000 purchase with $1,956/mo rent. Total monthly income registers $1,956/mo, and a $1,224/mo payment leaves $178/mo available for distribution. Annual cash flow reaches $2,134/yr on $82,875 to close, and return on cash invested stands at 22.48% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,070 over five years. Portfolio math shows five-year ROI at 117.86% and total cumulative return in cash at $97,678. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,956/mo property income against a $1,224/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76071, Newark, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,774 (100%) |
| Owner Occupied HU | 2,305 (83.1%) |
| Renter Occupied HU | 310 (11.2%) |
| Vacant Housing Units | 159 ( 5.7%) |
| Median Home Value | $314,831 |
| Average Home Value | $314,008 |
Housing Distribution
Address Breakdown
Residential
1,845
Single Family
1,818
Multi-Family
27
Businesses
108
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