2172 SE County Road 2320StreetmanTX75859
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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
Total monthly income runs $2,882/mo, and a $3,617/mo payment. Purchase price stands at $739,000, and rental yield measures 4.68% with $2,882/mo rent. Return on cash invested shows 8.35% in year one, and 5% annual appreciation builds toward $204,172 over five years. Five-year ROI reaches 42.02% and total cumulative return in cash records $102,164. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,882/mo property income covering a $3,617/mo payment rather than investor’s personal income.
Single Family
Built in 2003
18.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75859, Streetman, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,569 (100%) |
| Owner Occupied HU | 926 (59.0%) |
| Renter Occupied HU | 118 ( 7.5%) |
| Vacant Housing Units | 525 (33.5%) |
| Median Home Value | $310,145 |
| Average Home Value | $407,724 |
Housing Distribution
Address Breakdown
Residential
1,303
Single Family
1,303
Multi-Family
0
Businesses
68
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Listed by: Lisa Jones • Realty Plus - Groesbeck
Mls Name: WMLS
Mls Provider:
Mls ID: #225979
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Waco Association of Realtors. IDX information is provided exclusively for consumers' 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 deemed reliable but not guaranteed. Copyright 2024 Waco Association of Realtors. All Rights Reserved. Last Updated On: 2024-11-22 09:53:45 PST