345 Wesley DrCorsicanaTX75110
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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 Corsicana at 345 Wesley Dr, Corsicana, TX, 75110 uses $60,665 cash to close to unlock $18,496/yr annual cash flow and $1,541/mo monthly cash flow. Total monthly income runs $2,843/mo, and a $896/mo payment keeps the spread at $1,541/mo. Purchase price stands at $183,000, and rental yield measures 18.64% with $2,843/mo rent. Return on cash invested shows 50.4% in year one, and 5% annual appreciation builds toward $50,560 over five years. Five-year ROI reaches 267.59% and total cumulative return in cash records $162,335. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,843/mo property income covering a $896/mo payment rather than investor’s personal income.
Single Family
Built in 1979
9,104 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75110, Corsicana, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,123 (100%) |
| Owner Occupied HU | 6,585 (54.3%) |
| Renter Occupied HU | 4,309 (35.5%) |
| Vacant Housing Units | 1,229 (10.1%) |
| Median Home Value | $188,356 |
| Average Home Value | $254,696 |
Housing Distribution
Address Breakdown
Residential
11,596
Single Family
10,883
Multi-Family
713
Businesses
1,104
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Listed by: Jennifer Rivera • Ebby Halliday Realtors
Mls Name: NTREIS
Mls ID: #20457991
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.