7340 Fm 69 NDikeTX75437
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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 Dike at 7340 Fm 69 N, Dike, TX, 75437 earns from $1,930/mo rent with a $1,508/mo payment. Total monthly income totals $1,930/mo. ROI tracks 16.84% on current figures, and rental yield reads 7.52% at a $308,000 purchase. Equity gained on principal adds $1,987/yr, and 5% annual appreciation supports $85,095 over five years. Five-year ROI reaches 87.66% and total cumulative return in cash sums $89,500. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,930/mo property income instead of your personal income.
Single Family
Built in 2003
2.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75437, Dike, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 600 (100%) |
| Owner Occupied HU | 465 (77.5%) |
| Renter Occupied HU | 62 (10.3%) |
| Vacant Housing Units | 73 (12.2%) |
| Median Home Value | $218,878 |
| Average Home Value | $264,086 |
Housing Distribution
Address Breakdown
Residential
534
Single Family
534
Multi-Family
0
Businesses
11
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Listed by: Ragan Rutherford • Exit Realty Pro
Mls Name: NTREIS
Mls ID: #20735786
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.