Joplin Plan, Flint Ridge: Classic Collection - 3 Car Garages, Salado, TX, 76571 | 8.09% Rental Yield

Sold

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1447 sft

274 Boatright Blvd, Jarrell, TX, 76537

4 Bed
3 Bath
2136 sft

911 Earp Dr, Killeen, TX, 76542

2 Bed
2 Bath
1475 sft

116 Paint Creek Ln, Georgetown, TX, 78633

- Bed
2 Bath
1288 sft

112 Rosemary Cv, Georgetown, TX, 78626

Nearby investment properties with comparable prices

4 Bed
3 Bath
2502 sft

1359 Adam Ln, Belton, TX, 76513

3 Bed
2 Bath
1540 sft

112 Honey Bee Rd, Jarrell, TX, 76537

3 Bed
2 Bath
1679 sft

1020 Campbelton Dr, Temple, TX, 76504

4 Bed
2 Bath
1700 sft

7805 Smoke Creek Ln, Temple, TX, 76502

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

Explore more listings using simple english

Investment Highlights

Total monthly income equals $2,514/mo. Return on cash invested prints 18.56% in year one, and rental yield reads 8.09% against a $372,990 entry. Equity gained on principal adds $2,407/yr, while 5% annual appreciation compiles into $103,050 by year five. Five-year ROI reaches 96.85% and total cumulative return in cash sums $119,756. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,514/mo property income covering a $1,826/mo payment, not borrower’s personal income.

Single Family

Built in 2024

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