3002 Walnut StTexarkanaTX75503
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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 Texarkana at 3002 Walnut St, Texarkana, TX, 75503 offers $1,044/mo rent that, after a $773/mo payment. Total monthly income is $1,044/mo. Return on cash invested measures 18.09% in year one, and rental yield stands at 7.93% at a $158,000 entry. Equity gained on principal adds $1,020/yr while 5% annual appreciation compounds into $43,652 by year five. Five-year ROI records 94.34% and total cumulative return in cash reaches $49,414. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,044/mo property income versus a $773/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75503, Texarkana, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,087 (100%) |
| Owner Occupied HU | 6,217 (56.1%) |
| Renter Occupied HU | 3,871 (34.9%) |
| Vacant Housing Units | 999 ( 9.0%) |
| Median Home Value | $272,309 |
| Average Home Value | $343,342 |
Housing Distribution
Address Breakdown
Residential
11,525
Single Family
9,358
Multi-Family
2,167
Businesses
1,263
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