395 Centennial St, Carmine, TX, 78932 | Equity Gain $3,091/yr

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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395 Centennial St, Carmine, TX, 78932 | Equity Gain $3,091/yr | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Carmine at 395 Centennial St, Carmine, TX, 78932 offers $0/mo rent that, after a $2,344/mo payment. Total monthly income is $0/mo. Return on cash invested measures -5.83% in year one, and rental yield stands at 0% at a $479,000 entry. Equity gained on principal adds $3,091/yr while 5% annual appreciation compounds into $132,339 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $2,344/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1910

0.52 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this charming historic home, believed to have been built between 1890 and 1910. Step inside and you're greeted by tall ceilings, beadboard, shiplap, and original longleaf wood floors that bring timeless warmth and character. The kitchen still boasts its original cabinetry, a rare find that adds to the home's authenticity. This two-bedroom, two bathroom home features classic clawfoot tubs with shower additions, blending vintage charm with everyday functionality. The living room has a cozy wood-burning fireplace, and every chandelier and light fixture conveys with the sale. Relax on the front porch swing, or head out back to the original carriage house - perfect as an office, studio, or she shed. The property also includes a separate storage building and a barn, with the backyard backing up to a larger property. Located just minutes from Round Top and the famous antique corridor, this home offers historic character, modern comfort, and unbeatable access to one of Texas's most desirable destinations.

Neighborhood Data

Neighborhood data shown for ZIP Code: 78932, Carmine, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	596 (100%)
Owner Occupied HU	331 (55.5%)
Renter Occupied HU	63 (10.6%)
Vacant Housing Units	202 (33.9%)
Median Home Value	$343,182
Average Home Value	$506,352