1629 Fm 2843FlorenceTX76527
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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
Investment property for sale in Florence at 1629 Fm 2843, Florence, TX, 76527 earns $2,166/mo cash flow from $4,292/mo rent with a $1,463/mo payment. Total monthly income totals $4,292/mo, and annual cash flow totals $25,995/yr on $99,119 capital. ROI tracks 46.13% on current figures, and rental yield reads 17.23% at a $299,000 purchase. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 over five years. Five-year ROI reaches 244.72% and total cumulative return in cash sums $242,566. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,292/mo property income instead of your personal income.
Lot
Built in N/A
5.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76527, Florence, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,291 (100%) |
| Owner Occupied HU | 1,762 (76.9%) |
| Renter Occupied HU | 343 (15.0%) |
| Vacant Housing Units | 186 ( 8.1%) |
| Median Home Value | $543,403 |
| Average Home Value | $679,562 |
Housing Distribution
Address Breakdown
Residential
1,831
Single Family
1,825
Multi-Family
6
Businesses
136
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Listed by: Denise K. Arndt • Coldwell Banker Realty
Mls Name: Central Texas MLS
Mls Provider:
Mls ID: #495137
Disclaimer: Listing and property data is from an Internet Data Exchange (IDX) provided by the Central Texas MLS. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024 Central Texas MLS, All Rights Reserved.