294 County Road 3460JoaquinTX75954
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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 Joaquin at 294 County Road 3460, Joaquin, TX, 75954 offers a 9.2% rental yield on a $165,000 purchase with $1,265/mo rent. Total monthly income registers $1,265/mo, and a $808/mo payment leaves $91/mo available for distribution. Annual cash flow reaches $1,095/yr on $54,698 to close, and return on cash invested stands at 21.91% in year one. Equity gained on principal adds $1,065/yr while 5% annual appreciation supports $45,586 over five years. Portfolio math shows five-year ROI at 114.87% and total cumulative return in cash at $62,831. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,265/mo property income against a $808/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75954, Joaquin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,520 (100%) |
| Owner Occupied HU | 958 (63.0%) |
| Renter Occupied HU | 269 (17.7%) |
| Vacant Housing Units | 293 (19.3%) |
| Median Home Value | $162,222 |
| Average Home Value | $175,564 |
Housing Distribution
Address Breakdown
Residential
1,362
Single Family
1,362
Multi-Family
0
Businesses
90
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