517 Lee 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
Rental property for sale in Sulphur Springs at 517 Lee St, Sulphur Springs, TX, 75482 offers $1,009/mo rent that, after a $636/mo payment, leaves $85/mo cash flow. Total monthly income is $1,009/mo, and annual cash flow is $1,018/yr on $43,095 cash. Return on cash invested measures 22.27% in year one, and rental yield stands at 9.31% at a $130,000 entry. Equity gained on principal adds $839/yr while 5% annual appreciation compounds into $35,917 by year five. Five-year ROI records 116.73% and total cumulative return in cash reaches $50,307. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,009/mo property income versus a $636/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
0.32 Acres 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: Marlin Jones • Freedom Realty
Mls Name: Xome
Mls ID: #20688026