3144 Fm 1002 SBig SandyTX75755
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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 Big Sandy at 3144 Fm 1002 S, Big Sandy, TX, 75755 offers a 20.13% rental yield on a $295,000 purchase with $4,949/mo rent. Total monthly income registers $4,949/mo, and a $1,444/mo payment leaves $2,851/mo available for distribution. Annual cash flow reaches $34,213/yr on $97,793 to close, and return on cash invested stands at 54.89% in year one. Equity gained on principal adds $1,904/yr while 5% annual appreciation supports $81,503 over five years. Portfolio math shows five-year ROI at 291.69% and total cumulative return in cash at $285,254. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,949/mo property income against a $1,444/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
1.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75755, Big Sandy, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,583 (100%) |
| Owner Occupied HU | 1,678 (65.0%) |
| Renter Occupied HU | 571 (22.1%) |
| Vacant Housing Units | 334 (12.9%) |
| Median Home Value | $188,178 |
| Average Home Value | $242,244 |
Housing Distribution
Address Breakdown
Residential
2,189
Single Family
2,146
Multi-Family
43
Businesses
194
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Listed by: Rebecca Burks • RE/MAX Professionals
Mls Name: GTARMLS
Mls Provider:
Mls ID: #24010884
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.