3551 Fm 316 NEustaceTX75124
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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 Eustace at 3551 Fm 316 N, Eustace, TX, 75124 offers a 1.43% rental yield on a $550,000 purchase with $654/mo rent. 54% in year one. Equity gained on principal adds $3,549/yr while 5% annual appreciation supports $151,955 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $654/mo property income against a $2,692/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1993
6.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75124, Eustace, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,349 (100%) |
| Owner Occupied HU | 1,584 (67.4%) |
| Renter Occupied HU | 451 (19.2%) |
| Vacant Housing Units | 314 (13.4%) |
| Median Home Value | $254,025 |
| Average Home Value | $374,645 |
Housing Distribution
Address Breakdown
Residential
2,249
Single Family
2,200
Multi-Family
49
Businesses
89
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Listed by: Natalie Thomas • Ebby Halliday Realtors
Mls Name: NTREIS
Mls ID: #20723530
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.