256 Pullen StBurkevilleTX75932
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 Burkeville at 256 Pullen St, Burkeville, TX, 75932 offers $2,699/mo rent that, after a $827/mo payment, leaves $1,497/mo cash flow. Total monthly income is $2,699/mo, and annual cash flow is $17,969/yr on $56,024 cash. Return on cash invested measures 51.98% in year one, and rental yield stands at 19.16% at a $169,000 entry. Equity gained on principal adds $1,091/yr while 5% annual appreciation compounds into $46,692 by year five. Five-year ROI records 276.07% and total cumulative return in cash reaches $154,663. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,699/mo property income versus a $827/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75932, Burkeville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,258 (100%) |
| Owner Occupied HU | 606 (48.2%) |
| Renter Occupied HU | 71 ( 5.6%) |
| Vacant Housing Units | 581 (46.2%) |
| Median Home Value | $155,000 |
| Average Home Value | $175,825 |
Housing Distribution
Address Breakdown
Residential
752
Single Family
752
Multi-Family
0
Businesses
51
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Nearby investment properties with comparable prices
Listed by: Carolyn A Whitney • JLA Realty
Mls Name: TAR MLS
Mls ID: #208471
Disclaimer: Based on information from the Multiple Listing Service of the Association as of 2024-08-13 02:42:48 PDT. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Association provides the MLS and all content therein AS IS and without any warranty, express or implied. Copyright of Texas REALTORS. MLS aggregate data may not be reproduced or distributed.