108 S East StCorriganTX75939
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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
Rental property for sale in Corrigan at 108 S East St, Corrigan, TX, 75939 offers $0/mo rent that, after a $998/mo payment. Total monthly income is $0/mo. Return on cash invested measures -5.82% in year one, and rental yield stands at 0% at a $204,000 entry. Equity gained on principal adds $1,316/yr while 5% annual appreciation compounds into $56,361 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $998/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1967
1.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75939, Corrigan, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,149 (100%) |
| Owner Occupied HU | 1,295 (60.3%) |
| Renter Occupied HU | 405 (18.8%) |
| Vacant Housing Units | 449 (20.9%) |
| Median Home Value | $161,458 |
| Average Home Value | $176,384 |
Housing Distribution
Address Breakdown
Residential
1,623
Single Family
1,618
Multi-Family
5
Businesses
119
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices