705 Boardwalk AveTexarkanaTX75501
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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 705 Boardwalk Ave, Texarkana, TX, 75501 generates $1,832/mo in rent and, after a $778/mo payment, leaves $608/mo in cash flow. Total monthly income is $1,832/mo, and annual cash flow is $7,293/yr on $52,724 invested. Return on cash invested sits at 33.74% in year one, and rental yield is 13.82% on a $159,047 entry. Equity gained on principal adds $1,026/yr, while 5% annual appreciation builds toward $43,942 over five years. Five-year ROI reaches 178.99% and total cumulative return in cash sums $94,370. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,832/mo property income rather than buyer’s personal income.
Single Family
Built in 1985
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75501, Texarkana, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,734 (100%) |
| Owner Occupied HU | 8,081 (51.4%) |
| Renter Occupied HU | 6,091 (38.7%) |
| Vacant Housing Units | 1,562 ( 9.9%) |
| Median Home Value | $171,459 |
| Average Home Value | $217,741 |
Housing Distribution
Address Breakdown
Residential
15,400
Single Family
13,638
Multi-Family
1,762
Businesses
1,259
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