370 Club Lake Rd #2TeagueTX75860
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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 Teague at 370 Club Lake Rd #2, Teague, TX, 75860 offers $1,091/mo rent that, after a $581/mo payment, leaves $247/mo cash flow. Total monthly income is $1,091/mo, and annual cash flow is $2,963/yr on $39,349 cash. Return on cash invested measures 27.44% in year one, and rental yield stands at 11.03% at a $118,700 entry. Equity gained on principal adds $766/yr while 5% annual appreciation compounds into $32,795 by year five. Five-year ROI records 144.45% and total cumulative return in cash reaches $56,839. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,091/mo property income versus a $581/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2019
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75860, Teague, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,492 (100%) |
| Owner Occupied HU | 1,557 (62.5%) |
| Renter Occupied HU | 624 (25.0%) |
| Vacant Housing Units | 311 (12.5%) |
| Median Home Value | $157,856 |
| Average Home Value | $182,646 |
Housing Distribution
Address Breakdown
Residential
2,299
Single Family
2,298
Multi-Family
1
Businesses
207
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