360 County Road 2021ShelbyvilleTX75973
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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 Shelbyville at 360 County Road 2021, Shelbyville, TX, 75973 offers a 10.84% rental yield on a $113,000 purchase with $1,021/mo rent. Total monthly income registers $1,021/mo, and a $553/mo payment leaves $218/mo available for distribution. Annual cash flow reaches $2,610/yr on $37,460 to close, and return on cash invested stands at 26.88% in year one. Equity gained on principal adds $729/yr while 5% annual appreciation supports $31,220 over five years. Portfolio math shows five-year ROI at 141.51% and total cumulative return in cash at $53,009. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,021/mo property income against a $553/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1985
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75973, Shelbyville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,574 (100%) |
| Owner Occupied HU | 959 (60.9%) |
| Renter Occupied HU | 128 ( 8.1%) |
| Vacant Housing Units | 487 (30.9%) |
| Median Home Value | $167,003 |
| Average Home Value | $304,924 |
Housing Distribution
Address Breakdown
Residential
1,210
Single Family
1,210
Multi-Family
0
Businesses
43
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Listed by: Benita Collard • Mathews Realty
Mls Name: Nacogdoches County BOR
Mls ID: #22600040