240 Private Road 5516PalestineTX75801
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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 Palestine at 240 Private Road 5516, Palestine, TX, 75801 earns $101/mo cash flow from $2,206/mo rent with a $1,366/mo payment. Total monthly income totals $2,206/mo, and annual cash flow totals $1,209/yr on $92,489 capital. ROI tracks 21.22% on current figures, and rental yield reads 9.49% at a $279,000 purchase. Equity gained on principal adds $1,800/yr, and 5% annual appreciation supports $77,083 over five years. Five-year ROI reaches 111.63% and total cumulative return in cash sums $103,243. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,206/mo property income instead of your personal income.
Single Family
Built in 2017
1 Acres lot
$N/A/sqft
$1,450 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75801, Palestine, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,555 (100%) |
| Owner Occupied HU | 4,178 (55.3%) |
| Renter Occupied HU | 2,475 (32.8%) |
| Vacant Housing Units | 902 (11.9%) |
| Median Home Value | $182,082 |
| Average Home Value | $242,206 |
Housing Distribution
Address Breakdown
Residential
7,273
Single Family
6,456
Multi-Family
817
Businesses
867
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Listed by: Meagan Miller • LPT Realty LLC
Mls Name: GTARMLS
Mls Provider:
Mls ID: #24016509
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.