840 W Cox StLoveladyTX75851
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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
Rental property for sale in Lovelady at 840 W Cox St, Lovelady, TX, 75851 offers $2,005/mo rent that, after a $1,444/mo payment. Total monthly income is $2,005/mo. Return on cash invested measures 18.77% in year one, and rental yield stands at 8.16% at a $295,000 entry. Equity gained on principal adds $1,904/yr while 5% annual appreciation compounds into $81,503 by year five. Five-year ROI records 97.99% and total cumulative return in cash reaches $95,822. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,005/mo property income versus a $1,444/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
1.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75851, Lovelady, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,281 (100%) |
| Owner Occupied HU | 694 (54.2%) |
| Renter Occupied HU | 214 (16.7%) |
| Vacant Housing Units | 373 (29.1%) |
| Median Home Value | $189,091 |
| Average Home Value | $262,399 |
Housing Distribution
Address Breakdown
Residential
923
Single Family
923
Multi-Family
0
Businesses
57
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