204 S Pitzer StColmesneilTX75938
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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 Colmesneil at 204 S Pitzer St, Colmesneil, TX, 75938 priced at $109,900 converts $858/mo rent into $76/mo cash flow after a $538/mo obligation. Total monthly income equals $858/mo, and annual cash flow totals $917/yr on $36,432 invested. Return on cash invested prints 22.43% in year one, and rental yield reads 9.37% against a $109,900 entry. Equity gained on principal adds $709/yr, while 5% annual appreciation compiles into $30,363 by year five. Five-year ROI reaches 117.63% and total cumulative return in cash sums $42,856. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $858/mo property income covering a $538/mo payment, not borrower’s personal income.
Single Family
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75938, Colmesneil, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,446 (100%) |
| Owner Occupied HU | 832 (57.5%) |
| Renter Occupied HU | 102 ( 7.1%) |
| Vacant Housing Units | 512 (35.4%) |
| Median Home Value | $153,030 |
| Average Home Value | $218,206 |
Housing Distribution
Address Breakdown
Residential
1,049
Single Family
1,049
Multi-Family
0
Businesses
52
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Listed by: Aron Anderson • Home Sweet Home Realty, LLC
Mls Name: HAR
Mls ID: #72164140