2737 County Road 2798ShelbyvilleTX75973
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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 Shelbyville at 2737 County Road 2798, Shelbyville, TX, 75973 uses $115,528 cash to close to unlock $8,490/yr annual cash flow and $707/mo monthly cash flow. Total monthly income runs $3,186/mo, and a $1,706/mo payment keeps the spread at $707/mo. Purchase price stands at $348,500, and rental yield measures 10.97% with $3,186/mo rent. Return on cash invested shows 27.26% in year one, and 5% annual appreciation builds toward $96,284 over five years. Five-year ROI reaches 143.48% and total cumulative return in cash records $165,755. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,186/mo property income covering a $1,706/mo payment rather than investor’s personal income.
Single Family
Built in 1970
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75973, Shelbyville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,574 (100%) |
| Owner Occupied HU | 959 (60.9%) |
| Renter Occupied HU | 128 ( 8.1%) |
| Vacant Housing Units | 487 (30.9%) |
| Median Home Value | $167,003 |
| Average Home Value | $304,924 |
Housing Distribution
Address Breakdown
Residential
1,210
Single Family
1,210
Multi-Family
0
Businesses
43
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Listed by: Tammy Steptoe • Tammy Steptoe Realty
Mls Name: Nacogdoches County BOR
Mls ID: #22501433