700 Hidden Lake DrPowderlyTX75473
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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 Powderly at 700 Hidden Lake Dr, Powderly, TX, 75473 earns from $1,448/mo rent with a $1,566/mo payment. Total monthly income totals $1,448/mo. ROI tracks 10.55% on current figures, and rental yield reads 5.43% at a $320,000 purchase. Equity gained on principal adds $2,065/yr, and 5% annual appreciation supports $88,410 over five years. Five-year ROI reaches 53.87% and total cumulative return in cash sums $57,147. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,448/mo property income instead of your personal income.
Single Family
Built in 1997
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75473, Powderly, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,718 (100%) |
| Owner Occupied HU | 1,289 (75.0%) |
| Renter Occupied HU | 264 (15.4%) |
| Vacant Housing Units | 165 ( 9.6%) |
| Median Home Value | $285,682 |
| Average Home Value | $355,318 |
Housing Distribution
Address Breakdown
Residential
1,567
Single Family
1,567
Multi-Family
0
Businesses
78
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