1524 County Road 1468QuitmanTX75783
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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 Quitman at 1524 County Road 1468, Quitman, TX, 75783 generates $4,637/mo in rent and, after a $3,059/mo payment, leaves $193/mo in cash flow. Total monthly income is $4,637/mo, and annual cash flow is $2,311/yr on $205,625 invested. Return on cash invested sits at 21.18% in year one, and rental yield is 8.9% on a $624,999 entry. Equity gained on principal adds $4,033/yr, while 5% annual appreciation builds toward $172,676 over five years. Five-year ROI reaches 110.86% and total cumulative return in cash sums $227,964. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,637/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75783, Quitman, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,332 (100%) |
| Owner Occupied HU | 2,852 (65.8%) |
| Renter Occupied HU | 697 (16.1%) |
| Vacant Housing Units | 783 (18.1%) |
| Median Home Value | $229,260 |
| Average Home Value | $377,568 |
Housing Distribution
Address Breakdown
Residential
3,732
Single Family
3,641
Multi-Family
91
Businesses
364
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Listed by: Jimmy Jarrard • Century 21 First Group - Mineola
Mls Name: GTARMLS
Mls Provider:
Mls ID: #24001789
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.