6712 N Hills 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
Rental property for sale in Texarkana at 6712 N Hills Dr, Texarkana, TX, 75503 generates $5,242/mo in rent, after a $5,384/mo payment. Total monthly income is $5,242/mo. Return on cash invested sits at 11.68% in year one, and rental yield is 5.72% on a $1,100,000 entry. Equity gained on principal adds $7,098/yr, while 5% annual appreciation builds toward $303,910 over five years. Five-year ROI reaches 59.86% and total cumulative return in cash sums $213,343. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,242/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
7.08 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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