143 W Turner StPerrinTX76486
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Perrin at 143 W Turner St, Perrin, TX, 76486 offers a 8.71% rental yield on a $195,000 purchase with $1,415/mo rent. Total monthly income registers $1,415/mo, and a $954/mo payment leaves $29/mo available for distribution. Annual cash flow reaches $345/yr on $64,643 to close, and return on cash invested stands at 20.44% in year one. Equity gained on principal adds $1,258/yr while 5% annual appreciation supports $53,875 over five years. Portfolio math shows five-year ROI at 106.94% and total cumulative return in cash at $69,130. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,415/mo property income against a $954/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
2.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76486, Perrin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 727 (100%) |
| Owner Occupied HU | 471 (64.8%) |
| Renter Occupied HU | 94 (12.9%) |
| Vacant Housing Units | 162 (22.3%) |
| Median Home Value | $241,204 |
| Average Home Value | $330,977 |
Housing Distribution
Address Breakdown
Residential
455
Single Family
455
Multi-Family
0
Businesses
47
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices