8615 County Road 293OakwoodTX75855
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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 Oakwood at 8615 County Road 293, Oakwood, TX, 75855 earns from $1,226/mo rent with a $2,349/mo payment. Total monthly income totals $1,226/mo. ROI tracks 3.42% on current figures, and rental yield reads 3.06% at a $480,000 purchase. Equity gained on principal adds $3,097/yr, and 5% annual appreciation supports $132,615 over five years. Five-year ROI reaches 15.59% and total cumulative return in cash sums $24,809. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,226/mo property income instead of your personal income.
Single Family
Built in 2015
39.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75855, Oakwood, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,455 (100%) |
| Owner Occupied HU | 927 (63.7%) |
| Renter Occupied HU | 141 ( 9.7%) |
| Vacant Housing Units | 387 (26.6%) |
| Median Home Value | $182,589 |
| Average Home Value | $381,713 |
Housing Distribution
Address Breakdown
Residential
1,135
Single Family
1,135
Multi-Family
0
Businesses
56
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