104 Stewart StPalestineTX75803
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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 Palestine at 104 Stewart St, Palestine, TX, 75803 uses $56,355 cash to close to unlock $8,158/yr annual cash flow and $680/mo monthly cash flow. Total monthly income runs $1,988/mo, and a $832/mo payment keeps the spread at $680/mo. Purchase price stands at $169,999, and rental yield measures 14.03% with $1,988/mo rent. Return on cash invested shows 34.39% in year one, and 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 182.46% and total cumulative return in cash records $102,825. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,988/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in 1968
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75803, Palestine, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,231 (100%) |
| Owner Occupied HU | 4,883 (67.5%) |
| Renter Occupied HU | 1,564 (21.6%) |
| Vacant Housing Units | 784 (10.8%) |
| Median Home Value | $218,045 |
| Average Home Value | $243,064 |
Housing Distribution
Address Breakdown
Residential
6,846
Single Family
6,602
Multi-Family
244
Businesses
114
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Listed by: Daniel Henderson • Real
Mls Name: NTREIS
Mls ID: #20766276
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.