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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Corsicana at 2619 W 2nd Ave, Corsicana, TX, 75110 offers a 14.9% rental yield on a $115,000 purchase with $1,428/mo rent. Total monthly income registers $1,428/mo, and a $563/mo payment leaves $610/mo available for distribution. Annual cash flow reaches $7,321/yr on $38,123 to close, and return on cash invested stands at 39.11% in year one. Equity gained on principal adds $742/yr while 5% annual appreciation supports $31,772 over five years. Portfolio math shows five-year ROI at 207.18% and total cumulative return in cash at $78,981. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,428/mo property income against a $563/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
8,755 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75110, Corsicana, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,123 (100%) |
| Owner Occupied HU | 6,585 (54.3%) |
| Renter Occupied HU | 4,309 (35.5%) |
| Vacant Housing Units | 1,229 (10.1%) |
| Median Home Value | $188,356 |
| Average Home Value | $254,696 |
Residential
11,596
Single Family
10,883
Multi-Family
713
Businesses
1,104
Date | Event | Price |
|---|---|---|
| 2024-12-06 | Price change | $115,000 |
| 2024-10-03 | Listed for sale | $130,000 |
| 2019-07-08 | Listing removed | $825 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $1656.61 | N/A | $87,490 | -16.29% |
| 2023-12-27 | N/A | N/A | $104,510 | 115.00% |
| 2022-12-27 | N/A | N/A | $48,610 | 28.67% |
Listed by: Melissa Dunn Smith • CANA Realty LLC
Mls Name: NTREIS
Mls ID: #20745009
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
