1193 The Shores DrCorsicanaTX75109
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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 Corsicana at 1193 The Shores Dr, Corsicana, TX, 75109 at $1,499,000 posts ROI 10.98% with from $6,964/mo rent. Total monthly income equals $6,964/mo. Return on cash invested measures 10.98% and rental yield reads 5.57% at the current $1,499,000. Equity gained on principal adds $9,673/yr, and 5% annual appreciation supports $414,146 by year five. Five-year ROI prints 56.19% and total cumulative return in cash totals $272,913. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,964/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2007
0.71 Acres lot
$N/A/sqft
$1,255 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75109, Corsicana, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,391 (100%) |
| Owner Occupied HU | 1,693 (70.8%) |
| Renter Occupied HU | 334 (14.0%) |
| Vacant Housing Units | 364 (15.2%) |
| Median Home Value | $284,255 |
| Average Home Value | $384,066 |
Housing Distribution
Address Breakdown
Residential
2,219
Single Family
2,219
Multi-Family
0
Businesses
117
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Listed by: Julie Teel • RE/MAX LakeSide Dreams
Mls Name: NTREIS
Mls ID: #20652785
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.