3106 Lipsey StDecaturTX76234
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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 Decatur at 3106 Lipsey St, Decatur, TX, 76234 offers a 8.82% rental yield on a $295,500 purchase with $2,172/mo rent. Total monthly income registers $2,172/mo, and a $1,446/mo payment leaves $71/mo available for distribution. Annual cash flow reaches $852/yr on $97,958 to close, and return on cash invested stands at 20.78% in year one. Equity gained on principal adds $1,907/yr while 5% annual appreciation supports $81,641 over five years. Portfolio math shows five-year ROI at 108.7% and total cumulative return in cash at $106,479. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,172/mo property income against a $1,446/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76234, Decatur, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,060 (100%) |
| Owner Occupied HU | 5,721 (71.0%) |
| Renter Occupied HU | 1,737 (21.6%) |
| Vacant Housing Units | 602 ( 7.5%) |
| Median Home Value | $402,786 |
| Average Home Value | $464,320 |
Housing Distribution
Address Breakdown
Residential
8,074
Single Family
7,756
Multi-Family
318
Businesses
1,018
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