3034 W State Highway 154QuitmanTX75783
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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 Quitman at 3034 W State Highway 154, Quitman, TX, 75783 earns from $5,737/mo rent with a $4,797/mo payment. Total monthly income totals $5,737/mo. ROI tracks 15.47% on current figures, and rental yield reads 7.02% at a $980,000 purchase. Equity gained on principal adds $6,324/yr, and 5% annual appreciation supports $270,756 over five years. Five-year ROI reaches 80.24% and total cumulative return in cash sums $258,720. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,737/mo property income instead of your personal income.
Single Family
Built in 1996
1.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75783, Quitman, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,332 (100%) |
| Owner Occupied HU | 2,852 (65.8%) |
| Renter Occupied HU | 697 (16.1%) |
| Vacant Housing Units | 783 (18.1%) |
| Median Home Value | $229,260 |
| Average Home Value | $377,568 |
Housing Distribution
Address Breakdown
Residential
3,732
Single Family
3,641
Multi-Family
91
Businesses
364
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Listed by: Cynthia Larussa • Ready Real Estate, LLC
Mls Name: NTREIS
Mls ID: #20596232
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.