1010 Fm 583 WRising StarTX76471
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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 Rising Star at 1010 Fm 583 W, Rising Star, TX, 76471 generates $1,034/mo in rent, after a $6,681/mo payment. Total monthly income is $1,034/mo. Return on cash invested sits at -3.16% in year one, and rental yield is 0.91% on a $1,365,000 entry. Equity gained on principal adds $8,808/yr, while 5% annual appreciation builds toward $377,124 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,034/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
27.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76471, Rising Star, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,082 (100%) |
| Owner Occupied HU | 648 (59.9%) |
| Renter Occupied HU | 172 (15.9%) |
| Vacant Housing Units | 262 (24.2%) |
| Median Home Value | $195,703 |
| Average Home Value | $260,544 |
Housing Distribution
Address Breakdown
Residential
632
Single Family
632
Multi-Family
0
Businesses
55
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Listed by: Vann Stanford • Coldwell Banker - Mark Campbell & Assc
Mls Name: NTREIS
Mls ID: #20984882
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