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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 2916 W 2nd Ave, Corsicana, TX, 75110 offers a 12.49% rental yield on a $189,700 purchase with $1,975/mo rent. Total monthly income registers $1,975/mo, and a $928/mo payment leaves $627/mo available for distribution. Annual cash flow reaches $7,518/yr on $62,886 to close, and return on cash invested stands at 31.86% in year one. Equity gained on principal adds $1,224/yr while 5% annual appreciation supports $52,411 over five years. Portfolio math shows five-year ROI at 168.19% and total cumulative return in cash at $105,770. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,975/mo property income against a $928/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
0.27 Acres 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 |
|---|---|---|
| 2024-12-16 | Price change | $189,700 |
| 2024-11-02 | Listed for sale | $199,700 |
| 2019-08-01 | Listing removed | $925 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $2402.48 | 35.79% | $126,880 | 32.37% |
| 2023-12-27 | $1769.20 | N/A | $95,850 | 61.91% |
| 2022-12-27 | N/A | N/A | $59,200 | 10.32% |
Listed by: Karen Williams • Trophy Homes Realty
Mls Name: NTREIS
Mls ID: #20769272
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.
