390 ApacheQuitmanTX75783
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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 Quitman at 390 Apache, Quitman, TX, 75783 uses $36,134 cash to close to unlock $749/yr annual cash flow and $62/mo monthly cash flow. Total monthly income runs $838/mo, and a $534/mo payment keeps the spread at $62/mo. Purchase price stands at $109,000, and rental yield measures 9.23% with $838/mo rent. Return on cash invested shows 21.98% in year one, and 5% annual appreciation builds toward $30,115 over five years. Five-year ROI reaches 115.27% and total cumulative return in cash records $41,650. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $838/mo property income covering a $534/mo payment rather than investor’s personal income.
Single Family
Built in 2014
5,009 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75783, Quitman, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,332 (100%) |
| Owner Occupied HU | 2,852 (65.8%) |
| Renter Occupied HU | 697 (16.1%) |
| Vacant Housing Units | 783 (18.1%) |
| Median Home Value | $229,260 |
| Average Home Value | $377,568 |
Housing Distribution
Address Breakdown
Residential
3,732
Single Family
3,641
Multi-Family
91
Businesses
364
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