1920 Fm 645Tennessee 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 1920 Fm 645, Tennessee Colony, TX, 75861 uses $84,533 cash to close to unlock $4,605/yr annual cash flow and $384/mo monthly cash flow. Total monthly income runs $2,197/mo, and a $1,248/mo payment keeps the spread at $384/mo. Purchase price stands at $255,000, and rental yield measures 10.34% with $2,197/mo rent. Return on cash invested shows 25.36% in year one, and 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 133.26% and total cumulative return in cash records $112,652. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,197/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Single Family
Built in 1972
1.36 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: Charli Hill • Landmark Realty LLC.
Mls Name: Palestine AOR
Mls ID: #96697
Disclaimer: Copyright Palestine Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.