15074 State Highway 87 NBurkevilleTX75932
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 Burkeville at 15074 State Highway 87 N, Burkeville, TX, 75932 offers a 15.69% rental yield on a $175,000 purchase with $2,288/mo rent. Total monthly income registers $2,288/mo, and a $857/mo payment leaves $1,043/mo available for distribution. Annual cash flow reaches $12,517/yr on $58,013 to close, and return on cash invested stands at 41.49% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 219.85% and total cumulative return in cash at $127,543. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,288/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
2.30 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carolyn A Whitney • JLA Realty
Mls Name: TAR MLS
Mls ID: #209112
Disclaimer: Based on information from the Multiple Listing Service of the Association as of 2024-12-26 19:39:37 PST. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Association provides the MLS and all content therein AS IS and without any warranty, express or implied. Copyright of Texas REALTORS. MLS aggregate data may not be reproduced or distributed.