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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Corsicana at 1205 S Benton St, Corsicana, TX, 75110 generates $2,652/mo in rent and, after a $881/mo payment, leaves $1,372/mo in cash flow. Total monthly income is $2,652/mo, and annual cash flow is $16,464/yr on $59,670 invested. Return on cash invested sits at 47.5% in year one, and rental yield is 17.68% on a $180,000 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 251.99% and total cumulative return in cash sums $150,365. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,652/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
8,755 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75110, Corsicana, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,123 (100%) |
| Owner Occupied HU | 6,585 (54.3%) |
| Renter Occupied HU | 4,309 (35.5%) |
| Vacant Housing Units | 1,229 (10.1%) |
| Median Home Value | $188,356 |
| Average Home Value | $254,696 |
Residential
11,596
Single Family
10,883
Multi-Family
713
Businesses
1,104
Date | Event | Price |
|---|---|---|
| 2024-08-22 | Listed for sale | $180,000 |
| 2024-08-12 | Pending sale | $180,000 |
| 2024-08-09 | Contingent | $180,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $2640.97 | N/A | $143,080 | 47.20% |
| 2022-08-30 | N/A | N/A | $97,200 | 36.52% |
| 2021-08-30 | N/A | N/A | $71,200 | N/A |
Listed by: Michael Mitchell • New Century Realty, Inc.
Mls Name: NTREIS
Mls ID: #20579404
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.
