6064 Freedom DrLindaleTX75771
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Lindale at 6064 Freedom Dr, Lindale, TX, 75771 offers a 8.63% rental yield on a $292,990 purchase with $2,107/mo rent. Total monthly income registers $2,107/mo, and a $1,434/mo payment leaves $24/mo available for distribution. Annual cash flow reaches $282/yr on $97,126 to close, and return on cash invested stands at 20.2% in year one. Equity gained on principal adds $1,891/yr while 5% annual appreciation supports $80,948 over five years. Portfolio math shows five-year ROI at 105.63% and total cumulative return in cash at $102,595. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,107/mo property income against a $1,434/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75771, Lindale, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,663 (100%) |
| Owner Occupied HU | 6,977 (72.2%) |
| Renter Occupied HU | 1,892 (19.6%) |
| Vacant Housing Units | 794 ( 8.2%) |
| Median Home Value | $310,875 |
| Average Home Value | $374,508 |
Housing Distribution
Address Breakdown
Residential
9,549
Single Family
9,446
Multi-Family
103
Businesses
653
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