1496 County Road 318CentervilleTX75833
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 Centerville at 1496 County Road 318, Centerville, TX, 75833 offers a 2.68% rental yield on a $1,585,000 purchase with $3,546/mo rent. 32% in year one. Equity gained on principal adds $10,228/yr while 5% annual appreciation supports $437,906 over five years. Portfolio math shows five-year ROI at 9.65% and total cumulative return in cash at $49,558. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,546/mo property income against a $7,758/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
59.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75833, Centerville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,204 (100%) |
| Owner Occupied HU | 1,291 (58.6%) |
| Renter Occupied HU | 250 (11.3%) |
| Vacant Housing Units | 663 (30.1%) |
| Median Home Value | $211,700 |
| Average Home Value | $261,253 |
Housing Distribution
Address Breakdown
Residential
1,265
Single Family
1,265
Multi-Family
0
Businesses
185
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lexi Standley • Standley Real Estate Company, LLC
Mls Name: HAR
Mls ID: #22026558