109 Linden DrPalestineTX75803
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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 Palestine at 109 Linden Dr, Palestine, TX, 75803 offers $1,158/mo rent that, after a $734/mo payment, leaves $92/mo cash flow. Total monthly income is $1,158/mo, and annual cash flow is $1,098/yr on $49,725 cash. Return on cash invested measures 22.12% in year one, and rental yield stands at 9.26% at a $150,000 entry. Equity gained on principal adds $968/yr while 5% annual appreciation compounds into $41,442 by year five. Five-year ROI records 115.95% and total cumulative return in cash reaches $57,654. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,158/mo property income versus a $734/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
0.26 Acres 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
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