Roosevelt Plan, Sterling MeadowsSaladoTX76571
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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 Roosevelt Plan, Sterling Meadows, Salado, TX, 76571 priced at $384,990 converts $2,783/mo rent into $46/mo cash flow after a $1,884/mo obligation. Total monthly income equals $2,783/mo, and annual cash flow totals $547/yr on $127,624 invested. Return on cash invested prints 20.34% in year one, and rental yield reads 8.67% against a $384,990 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation compiles into $106,366 by year five. Five-year ROI reaches 106.36% and total cumulative return in cash sums $135,739. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,783/mo property income covering a $1,884/mo payment, not borrower’s personal income.
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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