1100 Governors DrCorsicanaTX75110
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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 1100 Governors Dr, Corsicana, TX, 75110 offers $3,832/mo rent that, after a $2,300/mo payment, leaves $490/mo cash flow. Total monthly income is $3,832/mo, and annual cash flow is $5,882/yr on $155,805 cash. Return on cash invested measures 23.68% in year one, and rental yield stands at 9.78% at a $470,000 entry. Equity gained on principal adds $3,033/yr while 5% annual appreciation compounds into $129,852 by year five. Five-year ROI records 124.31% and total cumulative return in cash reaches $193,689. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,832/mo property income versus a $2,300/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1941
0.53 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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