400 Fairmont AveCorsicanaTX75110
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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 Corsicana at 400 Fairmont Ave, Corsicana, TX, 75110 with 5% annual appreciation on a $234,499 basis while $2,266/mo rent supports operations. Total monthly income totals $2,266/mo and a $1,148/mo payment preserves $598/mo for cash returns. Annual cash flow comes to $7,178/yr on $77,736 deployed, and return on cash invested reaches 29.14% in year one. Equity gained on principal adds $1,513/yr, and five-year appreciation sums $64,788 alongside rental yield of 11.6%. Five-year ROI measures 153.6% and total cumulative return in cash totals $119,403.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,266/mo property income versus a $1,148/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1975
9,713 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75110, Corsicana, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,123 (100%) |
| Owner Occupied HU | 6,585 (54.3%) |
| Renter Occupied HU | 4,309 (35.5%) |
| Vacant Housing Units | 1,229 (10.1%) |
| Median Home Value | $188,356 |
| Average Home Value | $254,696 |
Housing Distribution
Address Breakdown
Residential
11,596
Single Family
10,883
Multi-Family
713
Businesses
1,104
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