120 Terry LnStreetmanTX75859
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 Streetman at 120 Terry Ln, Streetman, TX, 75859 uses $61,991 cash to close to unlock $2,816/yr annual cash flow and $235/mo monthly cash flow. Total monthly income runs $1,585/mo, and a $915/mo payment keeps the spread at $235/mo. Purchase price stands at $187,000, and rental yield measures 10.17% with $1,585/mo rent. Return on cash invested shows 24.45% in year one, and 5% annual appreciation builds toward $51,665 over five years. Five-year ROI reaches 128.57% and total cumulative return in cash records $79,698. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,585/mo property income covering a $915/mo payment rather than investor’s personal income.
Single Family
Built in 1996
0.35 Acres lot
$N/A/sqft
$250 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75859, Streetman, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,569 (100%) |
| Owner Occupied HU | 926 (59.0%) |
| Renter Occupied HU | 118 ( 7.5%) |
| Vacant Housing Units | 525 (33.5%) |
| Median Home Value | $310,145 |
| Average Home Value | $407,724 |
Housing Distribution
Address Breakdown
Residential
1,303
Single Family
1,303
Multi-Family
0
Businesses
68
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Julie Teel • RE/MAX LakeSide Dreams
Mls Name: NTREIS
Mls ID: #20923937
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.