6354 Periwinkle RdOre CityTX75683
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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 Ore City at 6354 Periwinkle Rd, Ore City, TX, 75683 generates $1,469/mo in rent and, after a $857/mo payment, leaves $224/mo in cash flow. Total monthly income is $1,469/mo, and annual cash flow is $2,689/yr on $58,013 invested. Return on cash invested sits at 24.54% in year one, and rental yield is 10.07% on a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 129% and total cumulative return in cash sums $74,839. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,469/mo property income rather than buyer’s personal income.
Manufactured
Built in 2011
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75683, Ore City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,858 (100%) |
| Owner Occupied HU | 1,209 (65.1%) |
| Renter Occupied HU | 374 (20.1%) |
| Vacant Housing Units | 275 (14.8%) |
| Median Home Value | $116,435 |
| Average Home Value | $166,239 |
Housing Distribution
Address Breakdown
Residential
1,447
Single Family
1,447
Multi-Family
0
Businesses
93
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Listed by: Jenn Sharp • Keller Williams Realty-Tyler
Mls Name: GTARMLS
Mls Provider:
Mls ID: #24015574
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.