309 S Pitzer StColmesneilTX75938
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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 Colmesneil at 309 S Pitzer St, Colmesneil, TX, 75938 at $100,000 posts ROI 22.06% with $59/mo cash flow from $770/mo rent. Total monthly income equals $770/mo, and annual cash flow records $712/yr on $33,150 to close. Return on cash invested measures 22.06% and rental yield reads 9.24% at the current $100,000. Equity gained on principal adds $645/yr, and 5% annual appreciation supports $27,628 by year five. Five-year ROI prints 115.7% and total cumulative return in cash totals $38,356.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $770/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1959
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75938, Colmesneil, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,446 (100%) |
| Owner Occupied HU | 832 (57.5%) |
| Renter Occupied HU | 102 ( 7.1%) |
| Vacant Housing Units | 512 (35.4%) |
| Median Home Value | $153,030 |
| Average Home Value | $218,206 |
Housing Distribution
Address Breakdown
Residential
1,049
Single Family
1,049
Multi-Family
0
Businesses
52
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Listed by: Ashley Jackson-Whitworth • Martindale Real Estate Investments
Mls Name: LAR
Mls ID: #5106764