448 Fossil Ridge RdDecaturTX76234
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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
Rental property for sale in Decatur at 448 Fossil Ridge Rd, Decatur, TX, 76234 priced at $760,000 converts $3,598/mo rent into after a $3,720/mo obligation. Total monthly income equals $3,598/mo. Return on cash invested prints 11.39% in year one, and rental yield reads 5.68% against a $760,000 entry. Equity gained on principal adds $4,904/yr, while 5% annual appreciation compiles into $209,974 by year five. Five-year ROI reaches 58.35% and total cumulative return in cash sums $145,897. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,598/mo property income covering a $3,720/mo payment, not borrower’s personal income.
Single Family
Built in 1994
11.02 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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Listed by: Paloma Semper • Semper Management, LLC.
Mls Name: NTREIS
Mls ID: #20746870
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.