702 W Main StLadoniaTX75449
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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 Ladonia at 702 W Main St, Ladonia, TX, 75449 uses $66,300 cash to close to unlock $1,964/yr annual cash flow and $164/mo monthly cash flow. Total monthly income runs $1,586/mo, and a $979/mo payment keeps the spread at $164/mo. Purchase price stands at $200,000, and rental yield measures 9.52% with $1,586/mo rent. Return on cash invested shows 22.87% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 119.96% and total cumulative return in cash records $79,532. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,586/mo property income covering a $979/mo payment rather than investor’s personal income.
Single Family
Built in 1945
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75449, Ladonia, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 670 (100%) |
| Owner Occupied HU | 399 (59.6%) |
| Renter Occupied HU | 112 (16.7%) |
| Vacant Housing Units | 159 (23.7%) |
| Median Home Value | $222,024 |
| Average Home Value | $328,784 |
Housing Distribution
Address Breakdown
Residential
497
Single Family
497
Multi-Family
0
Businesses
33
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