162 WhitedoveQuitmanTX75783
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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
Rental property for sale in Quitman at 162 Whitedove, Quitman, TX, 75783 priced at $225,100 pairs $2,062/mo rent with $461/mo cash flow after a $1,102/mo payment. Total monthly income equals $2,062/mo, and annual cash flow comes to $5,532/yr on $74,621 invested. Return on cash invested is 27.32% in year one, and rental yield stands at 10.99% on a $225,100 basis. Equity gained on principal adds $1,453/yr, and 5% annual appreciation accumulates to $62,191 by year five. Five-year ROI measures 143.87% and total cumulative return in cash reaches $107,356. For financing, Ziffy Mortgage’s DSCR program evaluates $2,062/mo property income against a $1,102/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2009
7,927 sqft 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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