1935 County Road 4240SimmsTX75574
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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 Simms at 1935 County Road 4240, Simms, TX, 75574 listed at $219,000 pairs $1,361/mo rent with a $1,072/mo payment. Total monthly income runs $1,361/mo. Return on cash invested measures 16.66% in year one, and rental yield registers 7.46% at a $219,000 basis. Equity gained on principal adds $1,413/yr, and annual property appreciation at 5% supports $60,506 by year five. Five-year ROI tracks 86.68% and total cumulative return in cash totals $62,925. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,361/mo property income relative to a $1,072/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2020
8 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75574, Simms, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 692 (100%) |
| Owner Occupied HU | 508 (73.4%) |
| Renter Occupied HU | 113 (16.3%) |
| Vacant Housing Units | 71 (10.3%) |
| Median Home Value | $165,625 |
| Average Home Value | $192,485 |
Housing Distribution
Address Breakdown
Residential
773
Single Family
773
Multi-Family
0
Businesses
29
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