Darby II Plan, Drake's LandingSaladoTX76571
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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 Salado at Darby II Plan, Drake's Landing, Salado, TX, 76571 priced at $365,200 pairs $2,514/mo rent with after a $1,787/mo payment. Total monthly income equals $2,514/mo. Return on cash invested is 19.09% in year one, and rental yield stands at 8.26% on a $365,200 basis. Equity gained on principal adds $2,357/yr, and 5% annual appreciation accumulates to $100,898 by year five. Five-year ROI measures 99.67% and total cumulative return in cash reaches $120,670. For financing, Ziffy Mortgage’s DSCR program evaluates $2,514/mo property income against a $1,787/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76571, Salado, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,913 (100%) |
| Owner Occupied HU | 3,095 (79.1%) |
| Renter Occupied HU | 574 (14.7%) |
| Vacant Housing Units | 244 ( 6.2%) |
| Median Home Value | $445,392 |
| Average Home Value | $511,914 |
Housing Distribution
Address Breakdown
Residential
4,248
Single Family
4,240
Multi-Family
8
Businesses
519
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