108 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 108 N 6th St, Celeste, TX, 75423 offers a 19.57% rental yield on a $196,000 purchase with $3,197/mo rent. Total monthly income registers $3,197/mo, and a $959/mo payment leaves $1,731/mo available for distribution. Annual cash flow reaches $20,766/yr on $64,974 to close, and return on cash invested stands at 51.87% in year one. Equity gained on principal adds $1,265/yr while 5% annual appreciation supports $54,151 over five years. Portfolio math shows five-year ROI at 275.98% and total cumulative return in cash at $179,316. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,197/mo property income against a $959/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
0.37 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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Listed by: Leah Cunningham • JPAR - Rockwall
Mls Name: NTREIS
Mls ID: #20648587
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.