296 County Road 2225IvanhoeTX75447
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
Investment property for sale in Ivanhoe at 296 County Road 2225, Ivanhoe, TX, 75447 uses $46,377 cash to close to unlock $3,311/yr annual cash flow and $276/mo monthly cash flow. Total monthly income runs $1,271/mo, and a $685/mo payment keeps the spread at $276/mo. Purchase price stands at $139,900, and rental yield measures 10.9% with $1,271/mo rent. Return on cash invested shows 27.05% in year one, and 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 142.34% and total cumulative return in cash records $66,015. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,271/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 2023
1.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75447, Ivanhoe, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 528 (100%) |
| Owner Occupied HU | 405 (76.7%) |
| Renter Occupied HU | 58 (11.0%) |
| Vacant Housing Units | 65 (12.3%) |
| Median Home Value | $309,028 |
| Average Home Value | $463,302 |
Housing Distribution
Address Breakdown
Residential
488
Single Family
488
Multi-Family
0
Businesses
28
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Megan Towery • Century 21 Harvey Properties
Mls Name: NTREIS
Mls ID: #20755745
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.