204 Austin AveCorsicanaTX75110
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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 Corsicana at 204 Austin Ave, Corsicana, TX, 75110 with 5% annual appreciation on a $160,000 basis while $1,271/mo rent supports operations. Total monthly income totals $1,271/mo and a $783/mo payment preserves $133/mo for cash returns. Annual cash flow comes to $1,600/yr on $53,040 deployed, and return on cash invested reaches 22.93% in year one. Equity gained on principal adds $1,032/yr, and five-year appreciation sums $44,205 alongside rental yield of 9.53%. Five-year ROI measures 120.3% and total cumulative return in cash totals $63,806.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,271/mo property income versus a $783/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1981
8,058 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75110, Corsicana, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,123 (100%) |
| Owner Occupied HU | 6,585 (54.3%) |
| Renter Occupied HU | 4,309 (35.5%) |
| Vacant Housing Units | 1,229 (10.1%) |
| Median Home Value | $188,356 |
| Average Home Value | $254,696 |
Housing Distribution
Address Breakdown
Residential
11,596
Single Family
10,883
Multi-Family
713
Businesses
1,104
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Listed by: Melissa Dunn Smith • CANA Realty LLC
Mls Name: NTREIS
Mls ID: #20930323
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.