12498 Highway 69 NColmesneilTX75938
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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
Total monthly income runs $1,501/mo, and a $3,304/mo payment. Purchase price stands at $675,000, and rental yield measures 2.67% with $1,501/mo rent. Return on cash invested shows 2.23% in year one, and 5% annual appreciation builds toward $186,490 over five years. Five-year ROI reaches 9.24% and total cumulative return in cash records $20,511. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,501/mo property income covering a $3,304/mo payment rather than investor’s personal income.
Single Family
Built in 1978
33.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75938, Colmesneil, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,446 (100%) |
| Owner Occupied HU | 832 (57.5%) |
| Renter Occupied HU | 102 ( 7.1%) |
| Vacant Housing Units | 512 (35.4%) |
| Median Home Value | $153,030 |
| Average Home Value | $218,206 |
Housing Distribution
Address Breakdown
Residential
1,049
Single Family
1,049
Multi-Family
0
Businesses
52
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Listed by: Ashley Jackson-Whitworth • Martindale Real Estate Investments
Mls Name: LAR
Mls ID: #5107570