361 Private Road 3248DecaturTX76234
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestment property for sale in Decatur at 361 Private Road 3248, Decatur, TX, 76234 projects strong ROI of -1.93%. Rental yield 1.59%. With 5% annual appreciation, the property builds $1,091,312 in value over five years. Equity growth combined delivers a projected five-year ROI of 3.86%, translating into $43,053 in total cumulative return on $1,115,875 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 1.6% | 6.2% |
| Monthly Cash Flow | $(22,852) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $5,237 |
| Total Monthly Debt Service | $26,518 |
| DSCR Ratio | 0.20x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2018
83.81 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2018
83.81 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Travis Taylor • Compass RE Texas, LLC
Mls Name: NTREIS
Mls ID: #20901079
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.