408 Village LnWake VillageTX75501
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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 Wake Village at 408 Village Ln, Wake Village, TX, 75501 offers a 11.76% rental yield on a $243,800 purchase with $2,390/mo rent. Total monthly income registers $2,390/mo, and a $1,193/mo payment leaves $657/mo available for distribution. Annual cash flow reaches $7,879/yr on $80,820 to close, and return on cash invested stands at 29.66% in year one. Equity gained on principal adds $1,573/yr while 5% annual appreciation supports $67,357 over five years. Portfolio math shows five-year ROI at 156.36% and total cumulative return in cash at $126,367. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,390/mo property income against a $1,193/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
19,166 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75501, Texarkana, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,734 (100%) |
| Owner Occupied HU | 8,081 (51.4%) |
| Renter Occupied HU | 6,091 (38.7%) |
| Vacant Housing Units | 1,562 ( 9.9%) |
| Median Home Value | $171,459 |
| Average Home Value | $217,741 |
Housing Distribution
Address Breakdown
Residential
15,400
Single Family
13,638
Multi-Family
1,762
Businesses
1,259
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