102 E Fannin StDaingerfieldTX75638
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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 Daingerfield at 102 E Fannin St, Daingerfield, TX, 75638 listed at $140,000 pairs $2,522/mo rent with a $685/mo payment to leave $1,527/mo cash flow. Total monthly income runs $2,522/mo, and annual cash flow reaches $18,320/yr on $46,410 cash to close. Return on cash invested measures 59.38% in year one, and rental yield registers 21.62% at a $140,000 basis. Equity gained on principal adds $903/yr, and annual property appreciation at 5% supports $38,679 by year five. Five-year ROI tracks 315.76% and total cumulative return in cash totals $146,542. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,522/mo property income relative to a $685/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1971
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75638, Daingerfield, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,535 (100%) |
| Owner Occupied HU | 1,576 (62.2%) |
| Renter Occupied HU | 615 (24.3%) |
| Vacant Housing Units | 344 (13.6%) |
| Median Home Value | $116,765 |
| Average Home Value | $164,775 |
Housing Distribution
Address Breakdown
Residential
2,195
Single Family
2,195
Multi-Family
0
Businesses
215
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Listed by: Barbara Hill • Texas Real Estate Executives, The Daniels Group - Gilmer
Mls Name: LGVBOARD
Mls Provider:
Mls ID: #20242713
Disclaimer: Copyright 2024 Longview Area Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.