394 Private Road 217IvanhoeTX75447
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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 Ivanhoe at 394 Private Road 217, Ivanhoe, TX, 75447 generates $2,347/mo in rent, after a $4,332/mo payment. Total monthly income is $2,347/mo. Return on cash invested sits at 3.79% in year one, and rental yield is 3.18% on a $885,000 entry. Equity gained on principal adds $5,711/yr, while 5% annual appreciation builds toward $244,509 over five years. Five-year ROI reaches 17.62% and total cumulative return in cash sums $51,294. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,347/mo property income rather than buyer’s personal income.
Single Family
Built in 2012
29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75447, Ivanhoe, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 528 (100%) |
| Owner Occupied HU | 405 (76.7%) |
| Renter Occupied HU | 58 (11.0%) |
| Vacant Housing Units | 65 (12.3%) |
| Median Home Value | $309,028 |
| Average Home Value | $463,302 |
Housing Distribution
Address Breakdown
Residential
488
Single Family
488
Multi-Family
0
Businesses
28
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Listed by: Alexis Burkard • Glass Land and Home LLC
Mls Name: NTREIS
Mls ID: #20964204
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.