3182 E Us Highway 84PalestineTX75801
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 Palestine at 3182 E Us Highway 84, Palestine, TX, 75801 offers a 4.19% rental yield on a $697,500 purchase with $2,434/mo rent. 85% in year one. Equity gained on principal adds $4,501/yr while 5% annual appreciation supports $192,706 over five years. Portfolio math shows five-year ROI at 33.99% and total cumulative return in cash at $78,011. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,434/mo property income against a $3,414/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
43.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75801, Palestine, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,555 (100%) |
| Owner Occupied HU | 4,178 (55.3%) |
| Renter Occupied HU | 2,475 (32.8%) |
| Vacant Housing Units | 902 (11.9%) |
| Median Home Value | $182,082 |
| Average Home Value | $242,206 |
Housing Distribution
Address Breakdown
Residential
7,273
Single Family
6,456
Multi-Family
817
Businesses
867
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Edward Mcclintick • Joseph Walter Realty, LLC
Mls Name: NTREIS
Mls ID: #20951174
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.