825 University DrCarthageTX75633
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 Carthage at 825 University Dr, Carthage, TX, 75633 priced at $369,090 converts $2,719/mo rent into $94/mo cash flow after a $1,807/mo obligation. Total monthly income equals $2,719/mo, and annual cash flow totals $1,126/yr on $122,353 invested. Return on cash invested prints 20.83% in year one, and rental yield reads 8.84% against a $369,090 entry. Equity gained on principal adds $2,382/yr, while 5% annual appreciation compiles into $101,973 by year five. Five-year ROI reaches 108.99% and total cumulative return in cash sums $133,351. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,719/mo property income covering a $1,807/mo payment, not borrower’s personal income.
Single Family
Built in 1986
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75633, Carthage, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,417 (100%) |
| Owner Occupied HU | 4,150 (64.7%) |
| Renter Occupied HU | 1,292 (20.1%) |
| Vacant Housing Units | 975 (15.2%) |
| Median Home Value | $202,650 |
| Average Home Value | $247,024 |
Housing Distribution
Address Breakdown
Residential
6,281
Single Family
6,052
Multi-Family
229
Businesses
828
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