11602 County Road 2904EustaceTX75124
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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 Eustace at 11602 County Road 2904, Eustace, TX, 75124 generates $1,508/mo in rent and, after a $905/mo payment, leaves $168/mo in cash flow. Total monthly income is $1,508/mo, and annual cash flow is $2,012/yr on $61,328 invested. Return on cash invested sits at 23.19% in year one, and rental yield is 9.78% on a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 121.83% and total cumulative return in cash sums $74,715. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,508/mo property income rather than buyer’s personal income.
Single Family
Built in 1951
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75124, Eustace, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,349 (100%) |
| Owner Occupied HU | 1,584 (67.4%) |
| Renter Occupied HU | 451 (19.2%) |
| Vacant Housing Units | 314 (13.4%) |
| Median Home Value | $254,025 |
| Average Home Value | $374,645 |
Housing Distribution
Address Breakdown
Residential
2,249
Single Family
2,200
Multi-Family
49
Businesses
89
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Listed by: Edward Mcclintick • Joseph Walter Realty, LLC
Mls Name: NTREIS
Mls ID: #20871287
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.