3023 Hazel 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 3023 Hazel St, Texarkana, TX, 75503 priced at $179,900 converts $2,077/mo rent into $676/mo cash flow after a $881/mo obligation. Total monthly income equals $2,077/mo, and annual cash flow totals $8,115/yr on $59,637 invested. Return on cash invested prints 33.52% in year one, and rental yield reads 13.85% against a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation compiles into $49,703 by year five. Five-year ROI reaches 177.97% and total cumulative return in cash sums $106,137. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,077/mo property income covering a $881/mo payment, not borrower’s personal income.
Single Family
Built in N/A
7,405 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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