118 SE County Road 2790ShelbyvilleTX75973
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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 118 SE County Road 2790, Shelbyville, TX, 75973 generates $2,005/mo in rent, after a $1,708/mo payment. Total monthly income is $2,005/mo. Return on cash invested sits at 14.97% in year one, and rental yield is 6.89% on a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 77.56% and total cumulative return in cash sums $89,736. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,005/mo property income rather than buyer’s personal income.
Single Family
Built in 2009
0.66 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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Listed by: Margaret McBride • Town & Country Real Estate
Mls Name: LAR
Mls Provider:
Mls ID: #4210828
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.