Caddo Plan, Hillcrest Meadows NorthDecaturTX76234
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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 Decatur at Caddo Plan, Hillcrest Meadows North, Decatur, TX, 76234 generates $4,452/mo in rent and, after a $2,075/mo payment, leaves $1,437/mo in cash flow. Total monthly income is $4,452/mo, and annual cash flow is $17,248/yr on $140,523 invested. Return on cash invested sits at 32.18% in year one, and rental yield is 12.6% on a $423,900 entry. Equity gained on principal adds $2,735/yr, while 5% annual appreciation builds toward $117,116 over five years. Five-year ROI reaches 169.89% and total cumulative return in cash sums $238,735. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,452/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76234, Decatur, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,060 (100%) |
| Owner Occupied HU | 5,721 (71.0%) |
| Renter Occupied HU | 1,737 (21.6%) |
| Vacant Housing Units | 602 ( 7.5%) |
| Median Home Value | $402,786 |
| Average Home Value | $464,320 |
Housing Distribution
Address Breakdown
Residential
8,074
Single Family
7,756
Multi-Family
318
Businesses
1,018
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