509 Carter StSulphur SpringsTX75482
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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 Sulphur Springs at 509 Carter St, Sulphur Springs, TX, 75482 earns $352/mo cash flow from $1,526/mo rent with a $808/mo payment. Total monthly income totals $1,526/mo, and annual cash flow totals $4,227/yr on $54,698 capital. ROI tracks 27.64% on current figures, and rental yield reads 11.1% at a $165,000 purchase. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 over five years. Five-year ROI reaches 145.56% and total cumulative return in cash sums $79,619. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,526/mo property income instead of your personal income.
Single Family
Built in 1946
6,490 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75482, Sulphur Springs, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,363 (100%) |
| Owner Occupied HU | 6,608 (58.2%) |
| Renter Occupied HU | 3,637 (32.0%) |
| Vacant Housing Units | 1,118 ( 9.8%) |
| Median Home Value | $246,201 |
| Average Home Value | $326,051 |
Housing Distribution
Address Breakdown
Residential
11,169
Single Family
9,717
Multi-Family
1,452
Businesses
1,025
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Listed by: Kris Childress • Freedom Realty
Mls Name: GTARMLS
Mls Provider:
Mls ID: #24016411
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.