10894 Highway 59JeffersonTX75657
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 Jefferson at 10894 Highway 59, Jefferson, TX, 75657 offers a 13.21% rental yield on a $230,000 purchase with $2,532/mo rent. Total monthly income registers $2,532/mo, and a $1,126/mo payment leaves $896/mo available for distribution. Annual cash flow reaches $10,754/yr on $76,245 to close, and return on cash invested stands at 34.01% in year one. Equity gained on principal adds $1,484/yr while 5% annual appreciation supports $63,545 over five years. Portfolio math shows five-year ROI at 179.75% and total cumulative return in cash at $137,047. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,532/mo property income against a $1,126/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
3.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75657, Jefferson, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,176 (100%) |
| Owner Occupied HU | 2,660 (63.7%) |
| Renter Occupied HU | 772 (18.5%) |
| Vacant Housing Units | 744 (17.8%) |
| Median Home Value | $154,412 |
| Average Home Value | $203,188 |
Housing Distribution
Address Breakdown
Residential
3,785
Single Family
3,761
Multi-Family
24
Businesses
411
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Nearby investment properties with comparable prices
Listed by: Diane M Brewer • Texas Real Estate Executives, The Daniels Group - Gilmer
Mls Name: LGVBOARD
Mls Provider:
Mls ID: #20245157
Disclaimer: Copyright 2024 Longview Area Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.