411 Elm StParadiseTX76073
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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 Paradise at 411 Elm St, Paradise, TX, 76073 offers a 11.76% rental yield on a $210,000 purchase with $2,058/mo rent. Total monthly income registers $2,058/mo, and a $1,028/mo payment leaves $565/mo available for distribution. Annual cash flow reaches $6,774/yr on $69,615 to close, and return on cash invested stands at 29.64% in year one. Equity gained on principal adds $1,355/yr while 5% annual appreciation supports $58,019 over five years. Portfolio math shows five-year ROI at 156.28% and total cumulative return in cash at $108,796. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,058/mo property income against a $1,028/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76073, Paradise, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,914 (100%) |
| Owner Occupied HU | 2,360 (81.0%) |
| Renter Occupied HU | 374 (12.8%) |
| Vacant Housing Units | 180 ( 6.2%) |
| Median Home Value | $363,609 |
| Average Home Value | $415,214 |
Housing Distribution
Address Breakdown
Residential
2,666
Single Family
2,666
Multi-Family
0
Businesses
104
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Listed by: Cameron Love • Texcel Real Estate, LLC
Mls Name: NTREIS
Mls ID: #20992562
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.