3260 Fm 2289NormangeeTX77871
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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 Normangee at 3260 Fm 2289, Normangee, TX, 77871 earns from $5,398/mo rent with a $9,789/mo payment. Total monthly income totals $5,398/mo. ROI tracks 4.03% on current figures, and rental yield reads 3.24% at a $1,999,999 purchase. Equity gained on principal adds $12,906/yr, and 5% annual appreciation supports $552,563 over five years. Five-year ROI reaches 18.82% and total cumulative return in cash sums $121,951. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,398/mo property income instead of your personal income.
Single Family
Built in 2010
225.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77871, Normangee, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,042 (100%) |
| Owner Occupied HU | 1,397 (68.4%) |
| Renter Occupied HU | 226 (11.1%) |
| Vacant Housing Units | 419 (20.5%) |
| Median Home Value | $262,165 |
| Average Home Value | $336,263 |
Housing Distribution
Address Breakdown
Residential
969
Single Family
969
Multi-Family
0
Businesses
95
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Listed by: Kristen Reinhart • Markham Realty, Inc.
Mls Name: HAR
Mls Provider:
Mls ID: #59808546
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