3615 Hazel St #3601TexarkanaTX75503
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
Investment Highlights
Total monthly income runs $1,021/mo, and a $8,076/mo payment. Purchase price stands at $1,650,000, and rental yield measures 0.74% with $1,021/mo rent. Return on cash invested shows -3.68% in year one, and 5% annual appreciation builds toward $455,865 over five years. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,021/mo property income covering a $8,076/mo payment rather than investor’s personal income.
Multi Family
Built in 1976
2.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75503, Texarkana, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,087 (100%) |
| Owner Occupied HU | 6,217 (56.1%) |
| Renter Occupied HU | 3,871 (34.9%) |
| Vacant Housing Units | 999 ( 9.0%) |
| Median Home Value | $272,309 |
| Average Home Value | $343,342 |
Housing Distribution
Address Breakdown
Residential
11,525
Single Family
9,358
Multi-Family
2,167
Businesses
1,263
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bryson Swiggart • Compass RE Texas , LLC
Mls Name: NTREIS
Mls ID: #20714858
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.