405 Caney StDodd CityTX75438
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
Rental property for sale in Dodd City at 405 Caney St, Dodd City, TX, 75438 priced at $107,500 pairs $1,600/mo rent with $836/mo cash flow after a $526/mo payment. Total monthly income equals $1,600/mo, and annual cash flow comes to $10,029/yr on $35,636 invested. Return on cash invested is 48.05% in year one, and rental yield stands at 17.86% on a $107,500 basis. Equity gained on principal adds $694/yr, and 5% annual appreciation accumulates to $29,700 by year five. Five-year ROI measures 254.99% and total cumulative return in cash reaches $90,871. For financing, Ziffy Mortgage’s DSCR program evaluates $1,600/mo property income against a $526/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1939
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75438, Dodd City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 396 (100%) |
| Owner Occupied HU | 291 (73.5%) |
| Renter Occupied HU | 59 (14.9%) |
| Vacant Housing Units | 46 (11.6%) |
| Median Home Value | $239,583 |
| Average Home Value | $362,835 |
Housing Distribution
Address Breakdown
Residential
337
Single Family
337
Multi-Family
0
Businesses
13
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