348 Horseshoe 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 348 Horseshoe Dr, Crockett, TX, 75835 offers $1,982/mo rent that, after a $1,155/mo payment, leaves $304/mo cash flow. Total monthly income is $1,982/mo, and annual cash flow is $3,646/yr on $78,234 cash. Return on cash invested measures 24.57% in year one, and rental yield stands at 10.08% at a $236,000 entry. Equity gained on principal adds $1,523/yr while 5% annual appreciation compounds into $65,202 by year five. Five-year ROI records 129.02% and total cumulative return in cash reaches $100,938. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,982/mo property income versus a $1,155/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
0.45 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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