608 Willow WayCaddo MillsTX75135
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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 Caddo Mills at 608 Willow Way, Caddo Mills, TX, 75135 priced at $249,490 converts $1,080/mo rent into after a $1,221/mo obligation. Total monthly income equals $1,080/mo. Return on cash invested prints 8.94% in year one, and rental yield reads 5.19% against a $249,490 entry. Equity gained on principal adds $1,610/yr, while 5% annual appreciation compiles into $68,929 by year five. Five-year ROI reaches 45.61% and total cumulative return in cash sums $37,722. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,080/mo property income covering a $1,221/mo payment, not borrower’s personal income.
Single Family
Built in 2025
6,534 sqft lot
$N/A/sqft
$740 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75135, Caddo Mills, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,444 (100%) |
| Owner Occupied HU | 3,841 (86.4%) |
| Renter Occupied HU | 415 ( 9.3%) |
| Vacant Housing Units | 188 ( 4.2%) |
| Median Home Value | $330,118 |
| Average Home Value | $368,746 |
Housing Distribution
Address Breakdown
Residential
4,255
Single Family
4,202
Multi-Family
53
Businesses
238
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Listed by: N/A • Jeanette Anderson Real Estate
Mls Name: NTREIS
Mls ID: #20868758
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.