2666 Fm 990De KalbTX75559
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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 De Kalb at 2666 Fm 990, De Kalb, TX, 75559 offers a 10.9% rental yield on a $325,000 purchase with $2,952/mo rent. Total monthly income registers $2,952/mo, and a $1,591/mo payment leaves $641/mo available for distribution. Annual cash flow reaches $7,687/yr on $107,738 to close, and return on cash invested stands at 27.04% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,792 over five years. Portfolio math shows five-year ROI at 142.31% and total cumulative return in cash at $153,325. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,952/mo property income against a $1,591/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
4.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75559, De Kalb, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,785 (100%) |
| Owner Occupied HU | 1,818 (65.3%) |
| Renter Occupied HU | 555 (19.9%) |
| Vacant Housing Units | 412 (14.8%) |
| Median Home Value | $158,075 |
| Average Home Value | $190,257 |
Housing Distribution
Address Breakdown
Residential
2,440
Single Family
2,414
Multi-Family
26
Businesses
156
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