3648 Fm 515EmoryTX75440
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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 Emory at 3648 Fm 515, Emory, TX, 75440 generates $1,621/mo in rent and, after a $1,052/mo payment, leaves $93/mo in cash flow. Total monthly income is $1,621/mo, and annual cash flow is $1,112/yr on $71,239 invested. Return on cash invested sits at 21.47% in year one, and rental yield is 9.05% on a $214,900 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,373 over five years. Five-year ROI reaches 112.43% and total cumulative return in cash sums $80,094. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,621/mo property income rather than buyer’s personal income.
Manufactured
Built in 2020
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75440, Emory, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,641 (100%) |
| Owner Occupied HU | 2,457 (67.5%) |
| Renter Occupied HU | 596 (16.4%) |
| Vacant Housing Units | 588 (16.1%) |
| Median Home Value | $294,688 |
| Average Home Value | $323,258 |
Housing Distribution
Address Breakdown
Residential
2,901
Single Family
2,849
Multi-Family
52
Businesses
264
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Listed by: Ryan Major • Keller Williams Realty-Tyler
Mls Name: GTARMLS
Mls Provider:
Mls ID: #25003894
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.