115 Lee StFarmersvilleTX75442
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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 Farmersville at 115 Lee St, Farmersville, TX, 75442 at $299,000 posts ROI 27.18% with $601/mo cash flow from $2,834/mo rent. Total monthly income equals $2,834/mo, and annual cash flow records $7,210/yr on $99,119 to close. Return on cash invested measures 27.18% and rental yield reads 11.37% at the current $299,000. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 by year five. Five-year ROI prints 143.52% and total cumulative return in cash totals $142,258.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,834/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1988
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75442, Farmersville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,691 (100%) |
| Owner Occupied HU | 3,526 (75.2%) |
| Renter Occupied HU | 874 (18.6%) |
| Vacant Housing Units | 291 ( 6.2%) |
| Median Home Value | $433,645 |
| Average Home Value | $465,152 |
Housing Distribution
Address Breakdown
Residential
4,824
Single Family
4,629
Multi-Family
195
Businesses
345
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Listed by: Magaly Rodriguez • Texas Connect Realty, LLC
Mls Name: NTREIS
Mls ID: #20749702
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.