318 Ward StNewtonTX75966
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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 Newton at 318 Ward St, Newton, TX, 75966 with 5% annual appreciation on a $180,100 basis while $2,122/mo rent supports operations. Total monthly income totals $2,122/mo and a $882/mo payment preserves $842/mo for cash returns. Annual cash flow comes to $10,101/yr on $59,703 deployed, and return on cash invested reaches 36.83% in year one. Equity gained on principal adds $1,162/yr, and five-year appreciation sums $49,758 alongside rental yield of 14.14%. Five-year ROI measures 194.78% and total cumulative return in cash totals $116,292.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,122/mo property income versus a $882/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1963
1.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75966, Newton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,041 (100%) |
| Owner Occupied HU | 1,399 (68.5%) |
| Renter Occupied HU | 303 (14.8%) |
| Vacant Housing Units | 339 (16.6%) |
| Median Home Value | $103,840 |
| Average Home Value | $142,336 |
Housing Distribution
Address Breakdown
Residential
1,588
Single Family
1,586
Multi-Family
2
Businesses
157
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