7104 Old Spanish DrTexarkanaTX75503
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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 Texarkana at 7104 Old Spanish Dr, Texarkana, TX, 75503 earns $1,470/mo cash flow from $3,234/mo rent with a $1,199/mo payment. Total monthly income totals $3,234/mo, and annual cash flow totals $17,646/yr on $81,218 capital. ROI tracks 41.64% on current figures, and rental yield reads 15.84% at a $245,000 purchase. Equity gained on principal adds $1,581/yr, and 5% annual appreciation supports $67,689 over five years. Five-year ROI reaches 220.7% and total cumulative return in cash sums $179,244. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,234/mo property income instead of your personal income.
Single Family
Built in 1976
0.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75503, Texarkana, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,087 (100%) |
| Owner Occupied HU | 6,217 (56.1%) |
| Renter Occupied HU | 3,871 (34.9%) |
| Vacant Housing Units | 999 ( 9.0%) |
| Median Home Value | $272,309 |
| Average Home Value | $343,342 |
Housing Distribution
Address Breakdown
Residential
11,525
Single Family
9,358
Multi-Family
2,167
Businesses
1,263
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