2985 Fm 2194CelesteTX75423
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
Rental property for sale in Celeste at 2985 Fm 2194, Celeste, TX, 75423 generates $3,109/mo in rent, after a $3,611/mo payment. Total monthly income is $3,109/mo. Return on cash invested sits at 9.49% in year one, and rental yield is 5.06% on a $737,750 entry. Equity gained on principal adds $4,761/yr, while 5% annual appreciation builds toward $203,827 over five years. Five-year ROI reaches 48.17% and total cumulative return in cash sums $116,928. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,109/mo property income rather than buyer’s personal income.
Single Family
Built in 1985
39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75423, Celeste, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,461 (100%) |
| Owner Occupied HU | 1,083 (74.1%) |
| Renter Occupied HU | 216 (14.8%) |
| Vacant Housing Units | 162 (11.1%) |
| Median Home Value | $291,021 |
| Average Home Value | $323,250 |
Housing Distribution
Address Breakdown
Residential
1,370
Single Family
1,370
Multi-Family
0
Businesses
48
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices