1158 County Road 1240SavoyTX75479
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Savoy at 1158 County Road 1240, Savoy, TX, 75479 earns from $1,799/mo rent with a $2,937/mo payment. Total monthly income totals $1,799/mo. ROI tracks 5.06% on current figures, and rental yield reads 3.6% at a $599,999 purchase. Equity gained on principal adds $3,872/yr, and 5% annual appreciation supports $165,769 over five years. Five-year ROI reaches 24.38% and total cumulative return in cash sums $48,119. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,799/mo property income instead of your personal income.
Single Family
Built in 2024
5.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75479, Savoy, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 963 (100%) |
| Owner Occupied HU | 709 (73.6%) |
| Renter Occupied HU | 141 (14.6%) |
| Vacant Housing Units | 113 (11.7%) |
| Median Home Value | $245,962 |
| Average Home Value | $365,321 |
Housing Distribution
Address Breakdown
Residential
709
Single Family
709
Multi-Family
0
Businesses
48
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices