1207 Brakenridge StPalestineTX75801
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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 Palestine at 1207 Brakenridge St, Palestine, TX, 75801 generates $1,973/mo in rent and, after a $685/mo payment, leaves $978/mo in cash flow. Total monthly income is $1,973/mo, and annual cash flow is $11,732/yr on $46,410 invested. Return on cash invested sits at 45.19% in year one, and rental yield is 16.91% on a $140,000 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 239.66% and total cumulative return in cash sums $111,226. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,973/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75801, Palestine, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,555 (100%) |
| Owner Occupied HU | 4,178 (55.3%) |
| Renter Occupied HU | 2,475 (32.8%) |
| Vacant Housing Units | 902 (11.9%) |
| Median Home Value | $182,082 |
| Average Home Value | $242,206 |
Housing Distribution
Address Breakdown
Residential
7,273
Single Family
6,456
Multi-Family
817
Businesses
867
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