221 E Hughes 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
Rental property for sale in Collinsville at 221 E Hughes St, Collinsville, TX, 76233 priced at $225,000 converts $1,824/mo rent into $224/mo cash flow after a $1,101/mo obligation. Total monthly income equals $1,824/mo, and annual cash flow totals $2,691/yr on $74,588 invested. Return on cash invested prints 23.52% in year one, and rental yield reads 9.73% against a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation compiles into $62,163 by year five. Five-year ROI reaches 123.44% and total cumulative return in cash sums $92,073. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,824/mo property income covering a $1,101/mo payment, not borrower’s personal income.
Single Family
Built in 1940
0.34 Acres 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: Sheila Savage • Tanda Stringfellow Broker
Mls Name: NTREIS
Mls ID: #20674479
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.