109 T A Carroll AveCorsicanaTX75110
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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 Corsicana at 109 T A Carroll Ave, Corsicana, TX, 75110 offers $1,158/mo rent that, after a $729/mo payment, leaves $99/mo cash flow. Total monthly income is $1,158/mo, and annual cash flow is $1,185/yr on $49,394 cash. Return on cash invested measures 22.31% in year one, and rental yield stands at 9.33% at a $149,000 entry. Equity gained on principal adds $961/yr while 5% annual appreciation compounds into $41,166 by year five. Five-year ROI records 116.94% and total cumulative return in cash reaches $57,760. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,158/mo property income versus a $729/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1990
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75110, Corsicana, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,123 (100%) |
| Owner Occupied HU | 6,585 (54.3%) |
| Renter Occupied HU | 4,309 (35.5%) |
| Vacant Housing Units | 1,229 (10.1%) |
| Median Home Value | $188,356 |
| Average Home Value | $254,696 |
Housing Distribution
Address Breakdown
Residential
11,596
Single Family
10,883
Multi-Family
713
Businesses
1,104
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