814 Preston RdRed OakTX75154
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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 Red Oak at 814 Preston Rd, Red Oak, TX, 75154 at $275,000 posts ROI 23.28% with $256/mo cash flow from $2,212/mo rent. Total monthly income equals $2,212/mo, and annual cash flow records $3,077/yr on $91,163 to close. Return on cash invested measures 23.28% and rental yield reads 9.65% at the current $275,000. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 by year five. Five-year ROI prints 122.17% and total cumulative return in cash totals $111,371.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,212/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1984
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75154, Red Oak, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,844 (100%) |
| Owner Occupied HU | 14,515 (77.0%) |
| Renter Occupied HU | 3,735 (19.8%) |
| Vacant Housing Units | 594 ( 3.2%) |
| Median Home Value | $347,833 |
| Average Home Value | $386,647 |
Housing Distribution
Address Breakdown
Residential
18,969
Single Family
17,381
Multi-Family
1,588
Businesses
1,012
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