16399 N Us Highway 287Tennessee ColonyTX75861
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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 Tennessee Colony at 16399 N Us Highway 287, Tennessee Colony, TX, 75861 listed at $129,900 pairs $1,001/mo rent with a $636/mo payment to leave $77/mo cash flow. Total monthly income runs $1,001/mo, and annual cash flow reaches $925/yr on $43,062 cash to close. Return on cash invested measures 22.06% in year one, and rental yield registers 9.25% at a $129,900 basis. Equity gained on principal adds $838/yr, and annual property appreciation at 5% supports $35,889 by year five. Five-year ROI tracks 115.69% and total cumulative return in cash totals $49,819. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,001/mo property income relative to a $636/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1980
1.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75861, Tennessee Colony, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 959 (100%) |
| Owner Occupied HU | 491 (51.2%) |
| Renter Occupied HU | 174 (18.1%) |
| Vacant Housing Units | 294 (30.7%) |
| Median Home Value | $231,767 |
| Average Home Value | $265,987 |
Housing Distribution
Address Breakdown
Residential
608
Single Family
608
Multi-Family
0
Businesses
37
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Listed by: Bill Moomaw • Regal, REALTORS
Mls Name: NTREIS
Mls ID: #21061899