308 E Williams StCarthageTX75633
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 Carthage at 308 E Williams St, Carthage, TX, 75633 at $149,000 posts ROI 22.96% with $126/mo cash flow from $1,185/mo rent. Total monthly income equals $1,185/mo, and annual cash flow records $1,509/yr on $49,394 to close. Return on cash invested measures 22.96% and rental yield reads 9.54% at the current $149,000. Equity gained on principal adds $961/yr, and 5% annual appreciation supports $41,166 by year five. Five-year ROI prints 120.44% and total cumulative return in cash totals $59,488.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,185/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1983
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75633, Carthage, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,417 (100%) |
| Owner Occupied HU | 4,150 (64.7%) |
| Renter Occupied HU | 1,292 (20.1%) |
| Vacant Housing Units | 975 (15.2%) |
| Median Home Value | $202,650 |
| Average Home Value | $247,024 |
Housing Distribution
Address Breakdown
Residential
6,281
Single Family
6,052
Multi-Family
229
Businesses
828
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