1102 Fm 932PurmelaTX76566
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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
Investment property for sale in Purmela at 1102 Fm 932, Purmela, TX, 76566 earns from $960/mo rent with a $954/mo payment. Total monthly income totals $960/mo. ROI tracks 12% on current figures, and rental yield reads 5.91% at a $195,000 purchase. Equity gained on principal adds $1,258/yr, and 5% annual appreciation supports $53,875 over five years. Five-year ROI reaches 61.63% and total cumulative return in cash sums $39,838. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $960/mo property income instead of your personal income.
Single Family
Built in 2005
2.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76566, Purmela, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 191 (100%) |
| Owner Occupied HU | 126 (66.0%) |
| Renter Occupied HU | 29 (15.2%) |
| Vacant Housing Units | 36 (18.8%) |
| Median Home Value | $328,571 |
| Average Home Value | $390,714 |
Housing Distribution
Address Breakdown
Residential
178
Single Family
178
Multi-Family
0
Businesses
7
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Listed by: Kim Hill • United Country H5 Auction & Re
Mls Name: NTREIS
Mls ID: #20768321
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.