3888 Fm 352CorriganTX75939
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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 Corrigan at 3888 Fm 352, Corrigan, TX, 75939 offers a 3.63% rental yield on a $729,000 purchase with $2,206/mo rent. 16% in year one. Equity gained on principal adds $4,704/yr while 5% annual appreciation supports $201,409 over five years. Portfolio math shows five-year ROI at 24.95% and total cumulative return in cash at $59,844. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,206/mo property income against a $3,568/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
41.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75939, Corrigan, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,149 (100%) |
| Owner Occupied HU | 1,295 (60.3%) |
| Renter Occupied HU | 405 (18.8%) |
| Vacant Housing Units | 449 (20.9%) |
| Median Home Value | $161,458 |
| Average Home Value | $176,384 |
Housing Distribution
Address Breakdown
Residential
1,623
Single Family
1,618
Multi-Family
5
Businesses
119
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Listed by: Craig Jones • Eastex Real Estate Brokerage Co., LLC
Mls Name: HAR
Mls Provider:
Mls ID: #63880098
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