3164 County Road 4293TenahaTX75974
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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 Tenaha at 3164 County Road 4293, Tenaha, TX, 75974 uses $94,478 cash to close to unlock $1,299/yr annual cash flow and $108/mo monthly cash flow. Total monthly income runs $2,135/mo, and a $1,395/mo payment keeps the spread at $108/mo. Purchase price stands at $285,000, and rental yield measures 8.99% with $2,135/mo rent. Return on cash invested shows 21.28% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 111.46% and total cumulative return in cash records $105,306. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,135/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Single Family
Built in 1992
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75974, Tenaha, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,240 (100%) |
| Owner Occupied HU | 847 (68.3%) |
| Renter Occupied HU | 244 (19.7%) |
| Vacant Housing Units | 149 (12.0%) |
| Median Home Value | $161,853 |
| Average Home Value | $244,773 |
Housing Distribution
Address Breakdown
Residential
1,078
Single Family
1,078
Multi-Family
0
Businesses
63
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Listed by: Tammy R Steptoe • Tammy Steptoe Realty
Mls Name: TAR MLS
Mls ID: #211302
Disclaimer: Based on information from the Multiple Listing Service of the Association as of 2024-10-15 06:19:53 PDT. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Association provides the MLS and all content therein AS IS and without any warranty, express or implied. Copyright of Texas REALTORS. MLS aggregate data may not be reproduced or distributed.