210 W Locust StCollinsvilleTX76233
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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 Collinsville at 210 W Locust St, Collinsville, TX, 76233 earns $101/mo cash flow from $2,340/mo rent with a $1,541/mo payment. Total monthly income totals $2,340/mo, and annual cash flow totals $1,212/yr on $104,389 capital. ROI tracks 21.07% on current figures, and rental yield reads 8.92% at a $314,900 purchase. Equity gained on principal adds $2,032/yr, and 5% annual appreciation supports $87,001 over five years. Five-year ROI reaches 110.26% and total cumulative return in cash sums $115,102. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,340/mo property income instead of your personal income.
Single Family
Built in 2024
0.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76233, Collinsville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,682 (100%) |
| Owner Occupied HU | 1,200 (71.3%) |
| Renter Occupied HU | 378 (22.5%) |
| Vacant Housing Units | 104 ( 6.2%) |
| Median Home Value | $371,233 |
| Average Home Value | $421,963 |
Housing Distribution
Address Breakdown
Residential
1,443
Single Family
1,443
Multi-Family
0
Businesses
69
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Listed by: Loula Pingleton • Texas Homes and Land
Mls Name: NTREIS
Mls ID: #20676926
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.