3822 Evergreen LnCaddo MillsTX75135
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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 Caddo Mills at 3822 Evergreen Ln, Caddo Mills, TX, 75135 listed at $619,000 pairs $3,137/mo rent with a $3,030/mo payment. Total monthly income runs $3,137/mo. Return on cash invested measures 12.61% in year one, and rental yield registers 6.08% at a $619,000 basis. Equity gained on principal adds $3,994/yr, and annual property appreciation at 5% supports $171,018 by year five. Five-year ROI tracks 64.86% and total cumulative return in cash totals $132,085. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,137/mo property income relative to a $3,030/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
1.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75135, Caddo Mills, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,444 (100%) |
| Owner Occupied HU | 3,841 (86.4%) |
| Renter Occupied HU | 415 ( 9.3%) |
| Vacant Housing Units | 188 ( 4.2%) |
| Median Home Value | $330,118 |
| Average Home Value | $368,746 |
Housing Distribution
Address Breakdown
Residential
4,255
Single Family
4,202
Multi-Family
53
Businesses
238
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Listed by: Stacie Noble • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #21136617