2509 County Road 3234QuitmanTX75783
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
Rental property for sale in Quitman at 2509 County Road 3234, Quitman, TX, 75783 generates $1,627/mo in rent, after a $1,382/mo payment. Total monthly income is $1,627/mo. Return on cash invested sits at 15.03% in year one, and rental yield is 6.91% on a $282,350 entry. Equity gained on principal adds $1,822/yr, while 5% annual appreciation builds toward $78,008 over five years. Five-year ROI reaches 77.91% and total cumulative return in cash sums $72,926. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,627/mo property income rather than buyer’s personal income.
Manufactured
Built in 1988
22.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75783, Quitman, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,332 (100%) |
| Owner Occupied HU | 2,852 (65.8%) |
| Renter Occupied HU | 697 (16.1%) |
| Vacant Housing Units | 783 (18.1%) |
| Median Home Value | $229,260 |
| Average Home Value | $377,568 |
Housing Distribution
Address Breakdown
Residential
3,732
Single Family
3,641
Multi-Family
91
Businesses
364
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices