403 Mesa RdgDecaturTX76234
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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 Decatur at 403 Mesa Rdg, Decatur, TX, 76234 uses $56,355 cash to close to unlock $1,274/yr annual cash flow and $106/mo monthly cash flow. Total monthly income runs $1,315/mo, and a $832/mo payment keeps the spread at $106/mo. Purchase price stands at $170,000, and rental yield measures 9.28% with $1,315/mo rent. Return on cash invested shows 22.17% in year one, and 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 116.26% and total cumulative return in cash records $65,517. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,315/mo property income covering a $832/mo payment rather than investor’s personal income.
Manufactured
Built in 2008
2.75 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
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