408 English Oak DrJosephineTX75173
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
Investment property for sale in Josephine at 408 English Oak Dr, Josephine, TX, 75173 offers a 10.3% rental yield on a $237,600 purchase with $2,040/mo rent. Total monthly income registers $2,040/mo, and a $1,163/mo payment leaves $350/mo available for distribution. Annual cash flow reaches $4,204/yr on $78,764 to close, and return on cash invested stands at 25.25% in year one. Equity gained on principal adds $1,533/yr while 5% annual appreciation supports $65,645 over five years. Portfolio math shows five-year ROI at 132.71% and total cumulative return in cash at $104,525. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,040/mo property income against a $1,163/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75173, Nevada, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,511 (100%) |
| Owner Occupied HU | 3,108 (88.5%) |
| Renter Occupied HU | 240 ( 6.8%) |
| Vacant Housing Units | 163 ( 4.6%) |
| Median Home Value | $392,701 |
| Average Home Value | $427,702 |
Housing Distribution
Address Breakdown
Residential
3,142
Single Family
3,141
Multi-Family
1
Businesses
103
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
