3 County Road 3513DikeTX75437
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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 Dike at 3 County Road 3513, Dike, TX, 75437 offers a 27.98% rental yield on a $137,500 purchase with $3,206/mo rent. Total monthly income registers $3,206/mo, and a $673/mo payment leaves $2,228/mo available for distribution. Annual cash flow reaches $26,739/yr on $45,581 to close, and return on cash invested stands at 78.57% in year one. Equity gained on principal adds $887/yr while 5% annual appreciation supports $37,989 over five years. Portfolio math shows five-year ROI at 418.71% and total cumulative return in cash at $190,853. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,206/mo property income against a $673/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Lot
Built in N/A
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75437, Dike, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 600 (100%) |
| Owner Occupied HU | 465 (77.5%) |
| Renter Occupied HU | 62 (10.3%) |
| Vacant Housing Units | 73 (12.2%) |
| Median Home Value | $218,878 |
| Average Home Value | $264,086 |
Housing Distribution
Address Breakdown
Residential
534
Single Family
534
Multi-Family
0
Businesses
11
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Listed by: Martie Abercrombie • Century 21 First Group - SS
Mls Name: GTARMLS
Mls Provider:
Mls ID: #24005223
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.