2923 County Road 4234De KalbTX75559
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
Investment Highlights
Rental property for sale in De Kalb at 2923 County Road 4234, De Kalb, TX, 75559 generates $1,440/mo in rent, after a $1,664/mo payment. Total monthly income is $1,440/mo. Return on cash invested sits at 9.5% in year one, and rental yield is 5.08% on a $339,900 entry. Equity gained on principal adds $2,193/yr, while 5% annual appreciation builds toward $93,908 over five years. Five-year ROI reaches 48.24% and total cumulative return in cash sums $54,359. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,440/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
6.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75559, De Kalb, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,785 (100%) |
| Owner Occupied HU | 1,818 (65.3%) |
| Renter Occupied HU | 555 (19.9%) |
| Vacant Housing Units | 412 (14.8%) |
| Median Home Value | $158,075 |
| Average Home Value | $190,257 |
Housing Distribution
Address Breakdown
Residential
2,440
Single Family
2,414
Multi-Family
26
Businesses
156
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices