229 State Highway 179TeagueTX75860
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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 Teague at 229 State Highway 179, Teague, TX, 75860 generates $3,562/mo in rent, after a $2,570/mo payment. Total monthly income is $3,562/mo. Return on cash invested sits at 18.87% in year one, and rental yield is 8.14% on a $525,000 entry. Equity gained on principal adds $3,388/yr, while 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 98.46% and total cumulative return in cash sums $170,061. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,562/mo property income rather than buyer’s personal income.
Single Family
Built in 1983
60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75860, Teague, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,492 (100%) |
| Owner Occupied HU | 1,557 (62.5%) |
| Renter Occupied HU | 624 (25.0%) |
| Vacant Housing Units | 311 (12.5%) |
| Median Home Value | $157,856 |
| Average Home Value | $182,646 |
Housing Distribution
Address Breakdown
Residential
2,299
Single Family
2,298
Multi-Family
1
Businesses
207
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Listed by: Justin Lee • Keller Williams Realty Brazos Valley office
Mls Name: HAR
Mls Provider:
Mls ID: #89325056
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