2237 Fm 1182EnnisTX75119
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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 Ennis at 2237 Fm 1182, Ennis, TX, 75119 listed at $169,000 pairs $1,241/mo rent with a $827/mo payment to leave $39/mo cash flow. Total monthly income runs $1,241/mo, and annual cash flow reaches $473/yr on $56,024 cash to close. Return on cash invested measures 20.75% in year one, and rental yield registers 8.81% at a $169,000 basis. Equity gained on principal adds $1,091/yr, and annual property appreciation at 5% supports $46,692 by year five. Five-year ROI tracks 108.61% and total cumulative return in cash totals $60,847. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,241/mo property income relative to a $827/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1999
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75119, Ennis, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,156 (100%) |
| Owner Occupied HU | 6,955 (62.3%) |
| Renter Occupied HU | 3,633 (32.6%) |
| Vacant Housing Units | 568 ( 5.1%) |
| Median Home Value | $283,970 |
| Average Home Value | $318,336 |
Housing Distribution
Address Breakdown
Residential
11,994
Single Family
10,557
Multi-Family
1,437
Businesses
767
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