650 County Road 3643DikeTX75437
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
Rental property for sale in Dike at 650 County Road 3643, Dike, TX, 75437 generates $1,766/mo in rent and, after a $1,193/mo payment, leaves $33/mo in cash flow. Total monthly income is $1,766/mo, and annual cash flow is $392/yr on $80,803 invested. Return on cash invested sits at 20.39% in year one, and rental yield is 8.69% on a $243,750 entry. Equity gained on principal adds $1,573/yr, while 5% annual appreciation builds toward $67,344 over five years. Five-year ROI reaches 106.68% and total cumulative return in cash sums $86,200. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,766/mo property income rather than buyer’s personal income.
Lot
Built in N/A
25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75437, Dike, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 600 (100%) |
| Owner Occupied HU | 465 (77.5%) |
| Renter Occupied HU | 62 (10.3%) |
| Vacant Housing Units | 73 (12.2%) |
| Median Home Value | $218,878 |
| Average Home Value | $264,086 |
Housing Distribution
Address Breakdown
Residential
534
Single Family
534
Multi-Family
0
Businesses
11
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Samantha Dean • Miller Homes Group
Mls Name: GTARMLS
Mls Provider:
Mls ID: #24010911
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.