1951 Fm 2384 NElectraTX76360
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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 Electra at 1951 Fm 2384 N, Electra, TX, 76360 listed at $495,000 pairs $1,924/mo rent with a $2,423/mo payment. Total monthly income runs $1,924/mo. Return on cash invested measures 8.24% in year one, and rental yield registers 4.66% at a $495,000 basis. Equity gained on principal adds $3,194/yr, and annual property appreciation at 5% supports $136,759 by year five. Five-year ROI tracks 41.45% and total cumulative return in cash totals $68,014. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,924/mo property income relative to a $2,423/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2004
23.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76360, Electra, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,509 (100%) |
| Owner Occupied HU | 854 (56.6%) |
| Renter Occupied HU | 382 (25.3%) |
| Vacant Housing Units | 273 (18.1%) |
| Median Home Value | $90,952 |
| Average Home Value | $143,762 |
Housing Distribution
Address Breakdown
Residential
1,235
Single Family
1,235
Multi-Family
0
Businesses
110
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