305 Cordell DrCrockettTX75835
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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 Crockett at 305 Cordell Dr, Crockett, TX, 75835 offers $3,302/mo rent that, after a $1,395/mo payment, leaves $1,275/mo cash flow. Total monthly income is $3,302/mo, and annual cash flow is $15,303/yr on $94,478 cash. Return on cash invested measures 36.11% in year one, and rental yield stands at 13.9% at a $285,000 entry. Equity gained on principal adds $1,839/yr while 5% annual appreciation compounds into $78,740 by year five. Five-year ROI records 190.95% and total cumulative return in cash reaches $180,402. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,302/mo property income versus a $1,395/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75835, Crockett, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,006 (100%) |
| Owner Occupied HU | 3,190 (53.1%) |
| Renter Occupied HU | 1,508 (25.1%) |
| Vacant Housing Units | 1,308 (21.8%) |
| Median Home Value | $200,585 |
| Average Home Value | $267,114 |
Housing Distribution
Address Breakdown
Residential
5,029
Single Family
4,796
Multi-Family
233
Businesses
585
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Listed by: Karen Rice • The Michael Group Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #43833771
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