1257 SW State Highway 34ItalyTX76651
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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
Investment property for sale in Italy at 1257 SW State Highway 34, Italy, TX, 76651 uses $89,306 cash to close to unlock $3,286/yr annual cash flow and $274/mo monthly cash flow. Total monthly income runs $2,190/mo, and a $1,319/mo payment keeps the spread at $274/mo. Purchase price stands at $269,400, and rental yield measures 9.76% with $2,190/mo rent. Return on cash invested shows 23.59% in year one, and 5% annual appreciation builds toward $74,430 over five years. Five-year ROI reaches 123.79% and total cumulative return in cash records $110,549. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,190/mo property income covering a $1,319/mo payment rather than investor’s personal income.
Single Family
Built in 1940
25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76651, Italy, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,300 (100%) |
| Owner Occupied HU | 843 (64.8%) |
| Renter Occupied HU | 359 (27.6%) |
| Vacant Housing Units | 98 ( 7.5%) |
| Median Home Value | $294,492 |
| Average Home Value | $395,569 |
Housing Distribution
Address Breakdown
Residential
1,103
Single Family
1,103
Multi-Family
0
Businesses
78
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