6632 Lakeridge DrTexarkanaTX75503
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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
Investment property for sale in Texarkana at 6632 Lakeridge Dr, Texarkana, TX, 75503 at $615,000 posts ROI 19.22% with from $4,410/mo rent. Total monthly income equals $4,410/mo. Return on cash invested measures 19.22% and rental yield reads 8.6% at the current $615,000. Equity gained on principal adds $3,969/yr, and 5% annual appreciation supports $169,913 by year five. Five-year ROI prints 100.69% and total cumulative return in cash totals $203,741. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,410/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1996
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75503, Texarkana, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,087 (100%) |
| Owner Occupied HU | 6,217 (56.1%) |
| Renter Occupied HU | 3,871 (34.9%) |
| Vacant Housing Units | 999 ( 9.0%) |
| Median Home Value | $272,309 |
| Average Home Value | $343,342 |
Housing Distribution
Address Breakdown
Residential
11,525
Single Family
9,358
Multi-Family
2,167
Businesses
1,263
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Listed by: Claudia Snow • Century 21 All Points Realty
Mls Name: CARMLS
Mls Provider:
Mls ID: #25017734
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.