2239 W County Road 163OvertonTX75684
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 Overton at 2239 W County Road 163, Overton, TX, 75684 offers a 13.62% rental yield on a $229,000 purchase with $2,599/mo rent. Total monthly income registers $2,599/mo, and a $1,121/mo payment leaves $970/mo available for distribution. Annual cash flow reaches $11,645/yr on $75,914 to close, and return on cash invested stands at 35.25% in year one. Equity gained on principal adds $1,478/yr while 5% annual appreciation supports $63,268 over five years. Portfolio math shows five-year ROI at 186.34% and total cumulative return in cash at $141,461. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,599/mo property income against a $1,121/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2021
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75684, Overton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,951 (100%) |
| Owner Occupied HU | 1,982 (67.2%) |
| Renter Occupied HU | 578 (19.6%) |
| Vacant Housing Units | 391 (13.2%) |
| Median Home Value | $168,954 |
| Average Home Value | $225,202 |
Housing Distribution
Address Breakdown
Residential
2,616
Single Family
2,616
Multi-Family
0
Businesses
121
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