15918 State Highway 149 NTatumTX75691
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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 Tatum at 15918 State Highway 149 N, Tatum, TX, 75691 offers a 3.94% rental yield on a $675,000 purchase with $2,218/mo rent. 11% in year one. Equity gained on principal adds $4,356/yr while 5% annual appreciation supports $186,490 over five years. Portfolio math shows five-year ROI at 30.01% and total cumulative return in cash at $66,651. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,218/mo property income against a $3,304/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
8.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75691, Tatum, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,886 (100%) |
| Owner Occupied HU | 1,210 (64.2%) |
| Renter Occupied HU | 322 (17.1%) |
| Vacant Housing Units | 354 (18.8%) |
| Median Home Value | $231,349 |
| Average Home Value | $310,159 |
Housing Distribution
Address Breakdown
Residential
1,440
Single Family
1,384
Multi-Family
56
Businesses
104
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