2338 Fm 414CenterTX75935
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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 Center at 2338 Fm 414, Center, TX, 75935 generates $4,126/mo in rent and, after a $2,736/mo payment, leaves $151/mo in cash flow. Total monthly income is $4,126/mo, and annual cash flow is $1,811/yr on $183,911 invested. Return on cash invested sits at 21.04% in year one, and rental yield is 8.86% on a $559,000 entry. Equity gained on principal adds $3,607/yr, while 5% annual appreciation builds toward $154,441 over five years. Five-year ROI reaches 110.12% and total cumulative return in cash sums $202,515. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,126/mo property income rather than buyer’s personal income.
Single Family
Built in 1996
9.31 Acres 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
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Listed by: Valerie Palacios • eXp Realty, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #46819865
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