220 Field StCenterTX75935
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
Investment Highlights
Investment property for sale in Center at 220 Field St, Center, TX, 75935 earns $1,738/mo cash flow from $3,864/mo rent with a $1,463/mo payment. Total monthly income totals $3,864/mo, and annual cash flow totals $20,859/yr on $99,119 capital. ROI tracks 40.95% on current figures, and rental yield reads 15.51% at a $299,000 purchase. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 over five years. Five-year ROI reaches 216.93% and total cumulative return in cash sums $215,014. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,864/mo property income instead of your personal income.
Single Family
Built in 1952
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75935, Center, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,699 (100%) |
| Owner Occupied HU | 3,440 (60.4%) |
| Renter Occupied HU | 1,400 (24.6%) |
| Vacant Housing Units | 859 (15.1%) |
| Median Home Value | $133,578 |
| Average Home Value | $208,467 |
Housing Distribution
Address Breakdown
Residential
5,359
Single Family
5,359
Multi-Family
0
Businesses
753
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alma D Jaimes • Town & Country Real Estate
Mls Name: TAR MLS
Mls ID: #209880
Disclaimer: Based on information from the Multiple Listing Service of the Association as of 2024-08-13 02:42:48 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.