129 Cherry LnBurkevilleTX75932
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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 Burkeville at 129 Cherry Ln, Burkeville, TX, 75932 offers $1,112/mo rent that, after a $1,077/mo payment. Total monthly income is $1,112/mo. Return on cash invested measures 12.46% in year one, and rental yield stands at 6.07% at a $220,000 entry. Equity gained on principal adds $1,420/yr while 5% annual appreciation compounds into $60,782 by year five. Five-year ROI records 64.15% and total cumulative return in cash reaches $46,787. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,112/mo property income versus a $1,077/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75932, Burkeville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,258 (100%) |
| Owner Occupied HU | 606 (48.2%) |
| Renter Occupied HU | 71 ( 5.6%) |
| Vacant Housing Units | 581 (46.2%) |
| Median Home Value | $155,000 |
| Average Home Value | $175,825 |
Housing Distribution
Address Breakdown
Residential
752
Single Family
752
Multi-Family
0
Businesses
51
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Listed by: Edmund Tego • Realty Associates
Mls Name: HAR
Mls ID: #78763012