714 Dixie LnWhitewrightTX75491
Nearby investment properties with comparable rents
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
Rental property for sale in Whitewright at 714 Dixie Ln, Whitewright, TX, 75491 priced at $339,000 converts $2,638/mo rent into $228/mo cash flow after a $1,659/mo obligation. Total monthly income equals $2,638/mo, and annual cash flow totals $2,731/yr on $112,379 invested. Return on cash invested prints 22.34% in year one, and rental yield reads 9.34% against a $339,000 entry. Equity gained on principal adds $2,188/yr, while 5% annual appreciation compiles into $93,659 by year five. Five-year ROI reaches 117.09% and total cumulative return in cash sums $131,584. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,638/mo property income covering a $1,659/mo payment, not borrower’s personal income.
Single Family
Built in 2019
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75491, Whitewright, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,574 (100%) |
| Owner Occupied HU | 1,894 (73.6%) |
| Renter Occupied HU | 478 (18.6%) |
| Vacant Housing Units | 202 ( 7.8%) |
| Median Home Value | $307,349 |
| Average Home Value | $366,795 |
Housing Distribution
Address Breakdown
Residential
2,223
Single Family
2,183
Multi-Family
40
Businesses
99
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Heather Sims • Elysian Agency
Mls Name: NTREIS
Mls ID: #20920864
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.