523 Post Oak DrNewarkTX76071
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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 Newark at 523 Post Oak Dr, Newark, TX, 76071 priced at $679,990 pairs $3,506/mo rent with after a $3,328/mo payment. Total monthly income equals $3,506/mo. Return on cash invested is 12.93% in year one, and rental yield stands at 6.19% on a $679,990 basis. Equity gained on principal adds $4,388/yr, and 5% annual appreciation accumulates to $187,869 by year five. Five-year ROI measures 66.6% and total cumulative return in cash reaches $149,001. For financing, Ziffy Mortgage’s DSCR program evaluates $3,506/mo property income against a $3,328/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1999
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76071, Newark, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,774 (100%) |
| Owner Occupied HU | 2,305 (83.1%) |
| Renter Occupied HU | 310 (11.2%) |
| Vacant Housing Units | 159 ( 5.7%) |
| Median Home Value | $314,831 |
| Average Home Value | $314,008 |
Housing Distribution
Address Breakdown
Residential
1,845
Single Family
1,818
Multi-Family
27
Businesses
108
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