70 County Road 4224SimmsTX75574
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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
Investment property for sale in Simms at 70 County Road 4224, Simms, TX, 75574 offers a 10.58% rental yield on a $199,900 purchase with $1,763/mo rent. Total monthly income registers $1,763/mo, and a $978/mo payment leaves $342/mo available for distribution. Annual cash flow reaches $4,103/yr on $66,267 to close, and return on cash invested stands at 26.1% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 137.26% and total cumulative return in cash at $90,961. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,763/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
6 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75574, Simms, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 692 (100%) |
| Owner Occupied HU | 508 (73.4%) |
| Renter Occupied HU | 113 (16.3%) |
| Vacant Housing Units | 71 (10.3%) |
| Median Home Value | $165,625 |
| Average Home Value | $192,485 |
Housing Distribution
Address Breakdown
Residential
773
Single Family
773
Multi-Family
0
Businesses
29
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