201 Little River BndQuitmanTX75783
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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
Rental property for sale in Quitman at 201 Little River Bnd, Quitman, TX, 75783 generates $2,203/mo in rent and, after a $887/mo payment, leaves $866/mo in cash flow. Total monthly income is $2,203/mo, and annual cash flow is $10,393/yr on $60,101 invested. Return on cash invested sits at 37.2% in year one, and rental yield is 14.58% on a $181,300 entry. Equity gained on principal adds $1,170/yr, while 5% annual appreciation builds toward $50,090 over five years. Five-year ROI reaches 197.22% and total cumulative return in cash sums $118,529. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,203/mo property income rather than buyer’s personal income.
Manufactured
Built in 2011
0.46 Acres lot
$N/A/sqft
$48 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75783, Quitman, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,332 (100%) |
| Owner Occupied HU | 2,852 (65.8%) |
| Renter Occupied HU | 697 (16.1%) |
| Vacant Housing Units | 783 (18.1%) |
| Median Home Value | $229,260 |
| Average Home Value | $377,568 |
Housing Distribution
Address Breakdown
Residential
3,732
Single Family
3,641
Multi-Family
91
Businesses
364
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Listed by: Brannon Alvarez • Promised Land Group, LLC
Mls Name: NTREIS
Mls ID: #20064030
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.