2803 Rifle Range RdIowa ParkTX76367
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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 Iowa Park at 2803 Rifle Range Rd, Iowa Park, TX, 76367 priced at $439,000 pairs $2,856/mo rent with after a $2,149/mo payment. Total monthly income equals $2,856/mo. Return on cash invested is 17.71% in year one, and rental yield stands at 7.81% on a $439,000 basis. Equity gained on principal adds $2,833/yr, and 5% annual appreciation accumulates to $121,288 by year five. Five-year ROI measures 92.27% and total cumulative return in cash reaches $134,276. For financing, Ziffy Mortgage’s DSCR program evaluates $2,856/mo property income against a $2,149/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2021
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76367, Iowa Park, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,226 (100%) |
| Owner Occupied HU | 3,191 (75.5%) |
| Renter Occupied HU | 771 (18.2%) |
| Vacant Housing Units | 264 ( 6.2%) |
| Median Home Value | $192,809 |
| Average Home Value | $217,260 |
Housing Distribution
Address Breakdown
Residential
4,072
Single Family
4,054
Multi-Family
18
Businesses
253
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Listed by: Katie Hein • Century 21 Gold Coat Realtors
Mls Name: WFAR
Mls Provider:
Mls ID: #177830
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