393 County Road 3144QuitmanTX75783
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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
Total monthly income runs $2,554/mo, and a $1,835/mo payment. Purchase price stands at $375,000, and rental yield measures 8.17% with $2,554/mo rent. Return on cash invested shows 18.83% in year one, and 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 98.24% and total cumulative return in cash records $122,127. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,554/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Single Family
Built in 1995
6.68 Acres 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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Listed by: Linda Elliott • Clements, REALTORS
Mls Name: GTARMLS
Mls Provider:
Mls ID: #24016397
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.