2907 W Collin StCorsicanaTX75110
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
Investment property for sale in Corsicana at 2907 W Collin St, Corsicana, TX, 75110 uses $43,427 cash to close to unlock $3,883/yr annual cash flow and $324/mo monthly cash flow. Total monthly income runs $1,255/mo, and a $641/mo payment keeps the spread at $324/mo. Purchase price stands at $131,000, and rental yield measures 11.5% with $1,255/mo rent. Return on cash invested shows 28.85% in year one, and 5% annual appreciation builds toward $36,193 over five years. Five-year ROI reaches 152.02% and total cumulative return in cash records $66,017. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,255/mo property income covering a $641/mo payment rather than investor’s personal income.
Single Family
Built in 1959
9,452 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75110, Corsicana, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
11,596
Single Family
10,883
Multi-Family
713
Businesses
1,104
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kellie Monterrosa • Curb and Key LLC
Mls Name: NTREIS
Mls ID: #20954257
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.