21290 E Highway 21ChirenoTX75937
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 21290 E Highway 21, Chireno, TX, 75937 in Chireno at $229,900, 4.25% gross yield, is a market-growth asset. Rental yield 4.25%. The $815/mo rent partially funds the $1,034/mo debt service; the core return is the 5%/yr price growth projected to add $63,517 over five years. Ziffy Mortgage's DSCR mortgage (0.79) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $35,365.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 4.3% | 6.2% |
| Monthly Cash Flow | $(820) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $815 |
| Total Monthly Debt Service | $1,543 |
| DSCR Ratio | 0.53x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1979
1.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75937, Chireno, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 596 (100%) |
| Owner Occupied HU | 393 (65.9%) |
| Renter Occupied HU | 79 (13.3%) |
| Vacant Housing Units | 124 (20.8%) |
| Median Home Value | $135,671 |
| Average Home Value | $165,140 |
Housing Distribution
Address Breakdown
Residential
394
Single Family
394
Multi-Family
0
Businesses
21
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1979
1.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75937, Chireno, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 596 (100%) |
| Owner Occupied HU | 393 (65.9%) |
| Renter Occupied HU | 79 (13.3%) |
| Vacant Housing Units | 124 (20.8%) |
| Median Home Value | $135,671 |
| Average Home Value | $165,140 |
Housing Distribution
Address Breakdown
Residential
394
Single Family
394
Multi-Family
0
Businesses
21
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kaye Kaye Smith • Legacy Real Estate Group
Mls Name: HAR
Mls Provider:
Mls ID: #68443063
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