216 County Road 2780ShelbyvilleTX75973
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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 Shelbyville at 216 County Road 2780, Shelbyville, TX, 75973 listed at $295,000 pairs $2,490/mo rent with a $1,444/mo payment to leave $392/mo cash flow. Total monthly income runs $2,490/mo, and annual cash flow reaches $4,705/yr on $97,793 cash to close. Return on cash invested measures 24.72% in year one, and rental yield registers 10.13% at a $295,000 basis. Equity gained on principal adds $1,904/yr, and annual property appreciation at 5% supports $81,503 by year five. Five-year ROI tracks 129.89% and total cumulative return in cash totals $127,022. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,490/mo property income relative to a $1,444/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75973, Shelbyville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,574 (100%) |
| Owner Occupied HU | 959 (60.9%) |
| Renter Occupied HU | 128 ( 8.1%) |
| Vacant Housing Units | 487 (30.9%) |
| Median Home Value | $167,003 |
| Average Home Value | $304,924 |
Housing Distribution
Address Breakdown
Residential
1,210
Single Family
1,210
Multi-Family
0
Businesses
43
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Listed by: Margaret Mcbride • Town & Country Real Estate
Mls Name: TAR MLS
Mls ID: #211143
Disclaimer: Based on information from the Multiple Listing Service of the Association as of 2024-08-25 23:47:46 PDT. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Association provides the MLS and all content therein AS IS and without any warranty, express or implied. Copyright of Texas REALTORS. MLS aggregate data may not be reproduced or distributed.