1006 S Main StFarmersvilleTX75442
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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 Farmersville at 1006 S Main St, Farmersville, TX, 75442 uses $86,190 cash to close to unlock $5,774/yr annual cash flow and $481/mo monthly cash flow. Total monthly income runs $2,436/mo, and a $1,273/mo payment keeps the spread at $481/mo. Purchase price stands at $260,000, and rental yield measures 11.24% with $2,436/mo rent. Return on cash invested shows 26.61% in year one, and 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 140.56% and total cumulative return in cash records $121,145. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,436/mo property income covering a $1,273/mo payment rather than investor’s personal income.
Single Family
Built in 1932
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75442, Farmersville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,691 (100%) |
| Owner Occupied HU | 3,526 (75.2%) |
| Renter Occupied HU | 874 (18.6%) |
| Vacant Housing Units | 291 ( 6.2%) |
| Median Home Value | $433,645 |
| Average Home Value | $465,152 |
Housing Distribution
Address Breakdown
Residential
4,824
Single Family
4,629
Multi-Family
195
Businesses
345
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Listed by: N/A • N/A
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