2001 Washington StCommerceTX75428
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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 Commerce at 2001 Washington St, Commerce, TX, 75428 uses $51,051 cash to close to unlock $846/yr annual cash flow and $71/mo monthly cash flow. Total monthly income runs $1,190/mo, and a $754/mo payment keeps the spread at $71/mo. Purchase price stands at $154,000, and rental yield measures 9.27% with $1,190/mo rent. Return on cash invested shows 21.57% in year one, and 5% annual appreciation builds toward $42,547 over five years. Five-year ROI reaches 113.21% and total cumulative return in cash records $57,794. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,190/mo property income covering a $754/mo payment rather than investor’s personal income.
Single Family
Built in 1964
5,837 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75428, Commerce, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,530 (100%) |
| Owner Occupied HU | 1,672 (36.9%) |
| Renter Occupied HU | 2,069 (45.7%) |
| Vacant Housing Units | 789 (17.4%) |
| Median Home Value | $213,864 |
| Average Home Value | $283,327 |
Housing Distribution
Address Breakdown
Residential
4,160
Single Family
3,443
Multi-Family
717
Businesses
278
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Listed by: Shatto Coleman • Coleman Realty Associates
Mls Name: NTREIS
Mls ID: #20868703
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.