1114 E 11th 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
Investment property for sale in Corsicana at 1114 E 11th Ave, Corsicana, TX, 75110 offers a 11.55% rental yield on a $244,900 purchase with $2,357/mo rent. Total monthly income registers $2,357/mo, and a $1,199/mo payment leaves $585/mo available for distribution. Annual cash flow reaches $7,014/yr on $81,184 to close, and return on cash invested stands at 28.55% in year one. Equity gained on principal adds $1,580/yr while 5% annual appreciation supports $67,661 over five years. Portfolio math shows five-year ROI at 150.57% and total cumulative return in cash at $122,237. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,357/mo property income against a $1,199/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
5,749 sqft 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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Listed by: Perla Vazquez • OnDemand Realty
Mls Name: NTREIS
Mls ID: #20803201
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.