1652 County Road 1468QuitmanTX75783
Nearby investment properties with comparable rents
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 1652 County Road 1468, Quitman, TX, 75783 generates $2,875/mo in rent and, after a $979/mo payment, leaves $1,453/mo in cash flow. Total monthly income is $2,875/mo, and annual cash flow is $17,432/yr on $66,300 invested. Return on cash invested sits at 46.2% in year one, and rental yield is 17.25% on a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 245.08% and total cumulative return in cash sums $162,488. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,875/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer Shelton • Fathom Realty, LLC
Mls Name: GTARMLS
Mls Provider:
Mls ID: #24001905
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.