10862 Fm 1840De KalbTX75559
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
Rental property for sale in De Kalb at 10862 Fm 1840, De Kalb, TX, 75559 generates $1,509/mo in rent, after a $1,052/mo payment. Total monthly income is $1,509/mo. Return on cash invested sits at 19.58% in year one, and rental yield is 8.42% on a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 102.32% and total cumulative return in cash sums $72,925. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,509/mo property income rather than buyer’s personal income.
Single Family
Built in 1971
0.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75559, De Kalb, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,785 (100%) |
| Owner Occupied HU | 1,818 (65.3%) |
| Renter Occupied HU | 555 (19.9%) |
| Vacant Housing Units | 412 (14.8%) |
| Median Home Value | $158,075 |
| Average Home Value | $190,257 |
Housing Distribution
Address Breakdown
Residential
2,440
Single Family
2,414
Multi-Family
26
Businesses
156
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices