859 Sullivan RdApple SpringsTX75926
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 Apple Springs at 859 Sullivan Rd, Apple Springs, TX, 75926 offers $5,275/mo rent that, after a $2,884/mo payment, leaves $1,085/mo cash flow. Total monthly income is $5,275/mo, and annual cash flow is $13,017/yr on $193,872 cash. Return on cash invested measures 26.77% in year one, and rental yield stands at 10.74% at a $589,276 entry. Equity gained on principal adds $3,803/yr while 5% annual appreciation compounds into $162,806 by year five. Five-year ROI records 140.84% and total cumulative return in cash reaches $273,053. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,275/mo property income versus a $2,884/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2017
5.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75926, Apple Springs, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 687 (100%) |
| Owner Occupied HU | 439 (63.9%) |
| Renter Occupied HU | 89 (13.0%) |
| Vacant Housing Units | 159 (23.1%) |
| Median Home Value | $158,500 |
| Average Home Value | $197,130 |
Housing Distribution
Address Breakdown
Residential
420
Single Family
420
Multi-Family
0
Businesses
34
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Nearby investment properties with comparable prices
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