382 Sawmill DrLoveladyTX75851
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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 Lovelady at 382 Sawmill Dr, Lovelady, TX, 75851 earns from $2,256/mo rent with a $2,251/mo payment. Total monthly income totals $2,256/mo. ROI tracks 11.92% on current figures, and rental yield reads 5.89% at a $460,000 purchase. Equity gained on principal adds $2,968/yr, and 5% annual appreciation supports $127,090 over five years. Five-year ROI reaches 61.25% and total cumulative return in cash sums $93,397. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,256/mo property income instead of your personal income.
Single Family
Built in 1984
29.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75851, Lovelady, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,281 (100%) |
| Owner Occupied HU | 694 (54.2%) |
| Renter Occupied HU | 214 (16.7%) |
| Vacant Housing Units | 373 (29.1%) |
| Median Home Value | $189,091 |
| Average Home Value | $262,399 |
Housing Distribution
Address Breakdown
Residential
923
Single Family
923
Multi-Family
0
Businesses
57
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Listed by: Cindy Markham • Markham Realty, Inc.
Mls Name: HAR
Mls Provider:
Mls ID: #4391043
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