6919 Cherry Laurel RdSaladoTX76571
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 Salado at 6919 Cherry Laurel Rd, Salado, TX, 76571 priced at $719,000 pairs $2,050/mo rent with after a $3,519/mo payment. Total monthly income equals $2,050/mo. Return on cash invested is 4.52% in year one, and rental yield stands at 3.42% on a $719,000 basis. Equity gained on principal adds $4,640/yr, and 5% annual appreciation accumulates to $198,646 by year five. Five-year ROI measures 21.53% and total cumulative return in cash reaches $50,933. For financing, Ziffy Mortgage’s DSCR program evaluates $2,050/mo property income against a $3,519/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76571, Salado, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,913 (100%) |
| Owner Occupied HU | 3,095 (79.1%) |
| Renter Occupied HU | 574 (14.7%) |
| Vacant Housing Units | 244 ( 6.2%) |
| Median Home Value | $445,392 |
| Average Home Value | $511,914 |
Housing Distribution
Address Breakdown
Residential
4,248
Single Family
4,240
Multi-Family
8
Businesses
519
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices