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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Corsicana at 368 S Chambers Ave, Corsicana, TX, 75110 offers a 8.75% rental yield on a $191,000 purchase with $1,393/mo rent. Total monthly income registers $1,393/mo, and a $935/mo payment leaves $35/mo available for distribution. Annual cash flow reaches $415/yr on $63,317 to close, and return on cash invested stands at 20.56% in year one. Equity gained on principal adds $1,232/yr while 5% annual appreciation supports $52,770 over five years. Portfolio math shows five-year ROI at 107.58% and total cumulative return in cash at $68,114. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,393/mo property income against a $935/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1983
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75110, Corsicana, TX area.
| 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 |
Residential
11,596
Single Family
10,883
Multi-Family
713
Businesses
1,104
Date | Event | Price |
|---|---|---|
| 2025-05-18 | Listed for sale | $191,000 |
| 2023-09-22 | Sold | N/A |
| 2023-09-07 | Pending sale | $34,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-19 | $557.92 | 40.39% | $39,490 | 40.48% |
| 2023-05-19 | $397.40 | N/A | $28,110 | 160.04% |
| 2022-05-19 | N/A | N/A | $10,810 | -73.91% |
Listed by: Rebecca Buendia • Keller Williams Fort Worth
Mls Name: NTREIS
Mls ID: #20940610
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.
