814 Elaine DrWake VillageTX75501
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
Investment property for sale in Wake Village at 814 Elaine Dr, Wake Village, TX, 75501 at $189,990 posts ROI 23.87% with $208/mo cash flow from $1,559/mo rent. Total monthly income equals $1,559/mo, and annual cash flow records $2,494/yr on $62,982 to close. Return on cash invested measures 23.87% and rental yield reads 9.85% at the current $189,990. Equity gained on principal adds $1,226/yr, and 5% annual appreciation supports $52,491 by year five. Five-year ROI prints 125.29% and total cumulative return in cash totals $78,909.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,559/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
0.30 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joseph Gomez • Elite Real Estate Texas
Mls Name: NTREIS
Mls ID: #21074780