307 Fish Trap LnNaplesTX75568
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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 Naples at 307 Fish Trap Ln, Naples, TX, 75568 priced at $198,500 converts $1,027/mo rent into after a $972/mo obligation. Total monthly income equals $1,027/mo. Return on cash invested prints 12.89% in year one, and rental yield reads 6.21% against a $198,500 entry. Equity gained on principal adds $1,281/yr, while 5% annual appreciation compiles into $54,842 by year five. Five-year ROI reaches 66.41% and total cumulative return in cash sums $43,697. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,027/mo property income covering a $972/mo payment, not borrower’s personal income.
Single Family
Built in 1990
15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75568, Naples, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,563 (100%) |
| Owner Occupied HU | 990 (63.3%) |
| Renter Occupied HU | 303 (19.4%) |
| Vacant Housing Units | 270 (17.3%) |
| Median Home Value | $142,500 |
| Average Home Value | $181,556 |
Housing Distribution
Address Breakdown
Residential
1,206
Single Family
1,206
Multi-Family
0
Businesses
78
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