104 N 6th StCelesteTX75423
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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 Celeste at 104 N 6th St, Celeste, TX, 75423 uses $58,013 cash to close to unlock $1,477/yr annual cash flow and $123/mo monthly cash flow. Total monthly income runs $1,368/mo, and a $857/mo payment keeps the spread at $123/mo. Purchase price stands at $175,000, and rental yield measures 9.38% with $1,368/mo rent. Return on cash invested shows 22.46% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 117.79% and total cumulative return in cash records $68,335. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,368/mo property income covering a $857/mo payment rather than investor’s personal income.
Single Family
Built in 1971
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75423, Celeste, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,461 (100%) |
| Owner Occupied HU | 1,083 (74.1%) |
| Renter Occupied HU | 216 (14.8%) |
| Vacant Housing Units | 162 (11.1%) |
| Median Home Value | $291,021 |
| Average Home Value | $323,250 |
Housing Distribution
Address Breakdown
Residential
1,370
Single Family
1,370
Multi-Family
0
Businesses
48
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