13340 Shumate WayMalakoffTX75148
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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 Malakoff at 13340 Shumate Way, Malakoff, TX, 75148 listed at $1,350,000 pairs $3,300/mo rent with a $6,608/mo payment. Total monthly income runs $3,300/mo. Return on cash invested measures -1.68% in year one, and rental yield registers 2.93% at a $1,350,000 basis. Equity gained on principal adds $8,711/yr, and annual property appreciation at 5% supports $372,980 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,300/mo property income relative to a $6,608/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2018
0.25 Acres lot
$N/A/sqft
$575 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75148, Malakoff, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,158 (100%) |
| Owner Occupied HU | 1,739 (55.1%) |
| Renter Occupied HU | 602 (19.1%) |
| Vacant Housing Units | 817 (25.9%) |
| Median Home Value | $229,833 |
| Average Home Value | $309,856 |
Housing Distribution
Address Breakdown
Residential
2,471
Single Family
2,471
Multi-Family
0
Businesses
216
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Listed by: Kiki Pennington • Long Cove Realty, LLC
Mls Name: NTREIS
Mls ID: #20947301
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.