635 Cranford StSulphur SpringsTX75482
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 Sulphur Springs at 635 Cranford St, Sulphur Springs, TX, 75482 offers a 8.6% rental yield on a $192,000 purchase with $1,376/mo rent. Total monthly income registers $1,376/mo, and a $940/mo payment leaves $10/mo available for distribution. Annual cash flow reaches $125/yr on $63,648 to close, and return on cash invested stands at 20.11% in year one. Equity gained on principal adds $1,239/yr while 5% annual appreciation supports $53,046 over five years. Portfolio math shows five-year ROI at 105.15% and total cumulative return in cash at $66,928. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,376/mo property income against a $940/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
6,534 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ashley Ortiz • Coldwell Banker Watson Company
Mls Name: NTREIS
Mls ID: #21102623