12322 Coyote Run LnCarmineTX78932
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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 Carmine at 12322 Coyote Run Ln, Carmine, TX, 78932 generates $2,672/mo in rent, after a $6,852/mo payment. Total monthly income is $2,672/mo. Return on cash invested sits at 1.1% in year one, and rental yield is 2.29% on a $1,400,000 entry. Equity gained on principal adds $9,034/yr, while 5% annual appreciation builds toward $386,794 over five years. Five-year ROI reaches 3.13% and total cumulative return in cash sums $14,179. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,672/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
17.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78932, Carmine, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 596 (100%) |
| Owner Occupied HU | 331 (55.5%) |
| Renter Occupied HU | 63 (10.6%) |
| Vacant Housing Units | 202 (33.9%) |
| Median Home Value | $343,182 |
| Average Home Value | $506,352 |
Housing Distribution
Address Breakdown
Residential
380
Single Family
380
Multi-Family
0
Businesses
42
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Listed by: Nancy Seale • Nan And Company Properties
Mls Name: HAR
Mls Provider:
Mls ID: #78016962
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