207 N Illinois StCelinaTX75009
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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 Celina at 207 N Illinois St, Celina, TX, 75009 uses $68,779 cash to close to unlock $2,801/yr annual cash flow and $233/mo monthly cash flow. Total monthly income runs $1,826/mo, and a $1,016/mo payment keeps the spread at $233/mo. Purchase price stands at $207,479, and rental yield measures 10.56% with $1,826/mo rent. Return on cash invested shows 23.98% in year one, and 5% annual appreciation builds toward $57,323 over five years. Five-year ROI reaches 126.67% and total cumulative return in cash records $87,124. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,826/mo property income covering a $1,016/mo payment rather than investor’s personal income.
Single Family
Built in 1942
3,789 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75009, Celina, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,429 (100%) |
| Owner Occupied HU | 11,602 (70.6%) |
| Renter Occupied HU | 2,714 (16.5%) |
| Vacant Housing Units | 2,113 (12.9%) |
| Median Home Value | $589,775 |
| Average Home Value | $647,628 |
Housing Distribution
Address Breakdown
Residential
12,596
Single Family
11,932
Multi-Family
664
Businesses
466
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Listed by: Taylor Lokey • Scott Brown Properties Inc
Mls Name: NTREIS
Mls ID: #20926989
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.