858 Leary RdTexarkanaTX75503
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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 Texarkana at 858 Leary Rd, Texarkana, TX, 75503 priced at $140,000 converts $1,112/mo rent into $117/mo cash flow after a $685/mo obligation. Total monthly income equals $1,112/mo, and annual cash flow totals $1,400/yr on $46,410 invested. Return on cash invested prints 22.93% in year one, and rental yield reads 9.53% against a $140,000 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation compiles into $38,679 by year five. Five-year ROI reaches 120.25% and total cumulative return in cash sums $55,810. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,112/mo property income covering a $685/mo payment, not borrower’s personal income.
Manufactured
Built in 1993
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75503, Texarkana, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,087 (100%) |
| Owner Occupied HU | 6,217 (56.1%) |
| Renter Occupied HU | 3,871 (34.9%) |
| Vacant Housing Units | 999 ( 9.0%) |
| Median Home Value | $272,309 |
| Average Home Value | $343,342 |
Housing Distribution
Address Breakdown
Residential
11,525
Single Family
9,358
Multi-Family
2,167
Businesses
1,263
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