107 Devonshire LnPalestineTX75803
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 107 Devonshire Ln, Palestine, TX, 75803 earns $281/mo cash flow from $1,751/mo rent with a $969/mo payment. Total monthly income totals $1,751/mo, and annual cash flow totals $3,373/yr on $65,637 capital. ROI tracks 25.05% on current figures, and rental yield reads 10.61% at a $198,000 purchase. Equity gained on principal adds $1,278/yr, and 5% annual appreciation supports $54,704 over five years. Five-year ROI reaches 132.08% and total cumulative return in cash sums $86,692. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,751/mo property income instead of your personal income.
Single Family
Built in 1985
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer Hutcherson • TXNET Properties
Mls Name: GTARMLS
Mls Provider:
Mls ID: #24016856
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.