1821 Dartmouth LnCorsicanaTX75110
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 Corsicana at 1821 Dartmouth Ln, Corsicana, TX, 75110 priced at $397,500 converts $3,216/mo rent into $389/mo cash flow after a $1,946/mo obligation. Total monthly income equals $3,216/mo, and annual cash flow totals $4,666/yr on $131,771 invested. Return on cash invested prints 23.45% in year one, and rental yield reads 9.71% against a $397,500 entry. Equity gained on principal adds $2,565/yr, while 5% annual appreciation compiles into $109,822 by year five. Five-year ROI reaches 123.04% and total cumulative return in cash sums $162,131. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,216/mo property income covering a $1,946/mo payment, not borrower’s personal income.
Single Family
Built in 1970
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75110, Corsicana, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,123 (100%) |
| Owner Occupied HU | 6,585 (54.3%) |
| Renter Occupied HU | 4,309 (35.5%) |
| Vacant Housing Units | 1,229 (10.1%) |
| Median Home Value | $188,356 |
| Average Home Value | $254,696 |
Housing Distribution
Address Breakdown
Residential
11,596
Single Family
10,883
Multi-Family
713
Businesses
1,104
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeffery Smith • Century 21 Mike Bowman, Inc.
Mls Name: NTREIS
Mls ID: #20780362
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.