324 E Browning StDe KalbTX75559
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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
Rental property for sale in De Kalb at 324 E Browning St, De Kalb, TX, 75559 priced at $299,000 pairs $2,702/mo rent with $576/mo cash flow after a $1,463/mo payment. Total monthly income equals $2,702/mo, and annual cash flow comes to $6,915/yr on $99,119 invested. Return on cash invested is 26.89% in year one, and rental yield stands at 10.84% on a $299,000 basis. Equity gained on principal adds $1,929/yr, and 5% annual appreciation accumulates to $82,608 by year five. Five-year ROI measures 141.5% and total cumulative return in cash reaches $140,254. For financing, Ziffy Mortgage’s DSCR program evaluates $2,702/mo property income against a $1,463/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1956
2.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75559, De Kalb, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,785 (100%) |
| Owner Occupied HU | 1,818 (65.3%) |
| Renter Occupied HU | 555 (19.9%) |
| Vacant Housing Units | 412 (14.8%) |
| Median Home Value | $158,075 |
| Average Home Value | $190,257 |
Housing Distribution
Address Breakdown
Residential
2,440
Single Family
2,414
Multi-Family
26
Businesses
156
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Listed by: Tina Kruse • United Country - Jerry Elkins
Mls Name: NTREIS
Mls ID: #20671373
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.