11502 Fm 2694ShelbyvilleTX75973
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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 Shelbyville at 11502 Fm 2694, Shelbyville, TX, 75973 generates $3,115/mo in rent and, after a $925/mo payment, leaves $1,771/mo in cash flow. Total monthly income is $3,115/mo, and annual cash flow is $21,252/yr on $62,660 invested. Return on cash invested sits at 53.83% in year one, and rental yield is 19.78% on a $189,020 entry. Equity gained on principal adds $1,220/yr, while 5% annual appreciation builds toward $52,223 over five years. Five-year ROI reaches 285.93% and total cumulative return in cash sums $179,165. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,115/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
10.11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75973, Shelbyville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,574 (100%) |
| Owner Occupied HU | 959 (60.9%) |
| Renter Occupied HU | 128 ( 8.1%) |
| Vacant Housing Units | 487 (30.9%) |
| Median Home Value | $167,003 |
| Average Home Value | $304,924 |
Housing Distribution
Address Breakdown
Residential
1,210
Single Family
1,210
Multi-Family
0
Businesses
43
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