1776 Fm 515EmoryTX75440
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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 Emory at 1776 Fm 515, Emory, TX, 75440 offers a 3.59% rental yield on a $350,000 purchase with $1,048/mo rent. 01% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,699 over five years. Portfolio math shows five-year ROI at 24.18% and total cumulative return in cash at $28,058. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,048/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
1.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75440, Emory, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,641 (100%) |
| Owner Occupied HU | 2,457 (67.5%) |
| Renter Occupied HU | 596 (16.4%) |
| Vacant Housing Units | 588 (16.1%) |
| Median Home Value | $294,688 |
| Average Home Value | $323,258 |
Housing Distribution
Address Breakdown
Residential
2,901
Single Family
2,849
Multi-Family
52
Businesses
264
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Listed by: Kristin Thompson • Century 21 First Group
Mls Name: NTREIS
Mls ID: #20987915
Disclaimer: 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.