401 Summit AveCollinsvilleTX76233
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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 Collinsville at 401 Summit Ave, Collinsville, TX, 76233 at $174,900 posts ROI 26.68% with $327/mo cash flow from $1,571/mo rent. Total monthly income equals $1,571/mo, and annual cash flow records $3,928/yr on $57,979 to close. Return on cash invested measures 26.68% and rental yield reads 10.78% at the current $174,900. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,322 by year five. Five-year ROI prints 140.45% and total cumulative return in cash totals $81,432.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,571/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1935
8,973 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76233, Collinsville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,682 (100%) |
| Owner Occupied HU | 1,200 (71.3%) |
| Renter Occupied HU | 378 (22.5%) |
| Vacant Housing Units | 104 ( 6.2%) |
| Median Home Value | $371,233 |
| Average Home Value | $421,963 |
Housing Distribution
Address Breakdown
Residential
1,443
Single Family
1,443
Multi-Family
0
Businesses
69
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Listed by: Barrett McClendon • Stag Residential
Mls Name: NTREIS
Mls ID: #20795448
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.