403 N Pitzer StColmesneilTX75938
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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
Rental property for sale in Colmesneil at 403 N Pitzer St, Colmesneil, TX, 75938 offers $1,283/mo rent that, after a $680/mo payment, leaves $295/mo cash flow. Total monthly income is $1,283/mo, and annual cash flow is $3,539/yr on $46,079 cash. Return on cash invested measures 27.59% in year one, and rental yield stands at 11.08% at a $139,000 entry. Equity gained on principal adds $897/yr while 5% annual appreciation compounds into $38,403 by year five. Five-year ROI records 145.21% and total cumulative return in cash reaches $66,908. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,283/mo property income versus a $680/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75938, Colmesneil, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,446 (100%) |
| Owner Occupied HU | 832 (57.5%) |
| Renter Occupied HU | 102 ( 7.1%) |
| Vacant Housing Units | 512 (35.4%) |
| Median Home Value | $153,030 |
| Average Home Value | $218,206 |
Housing Distribution
Address Breakdown
Residential
1,049
Single Family
1,049
Multi-Family
0
Businesses
52
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Listed by: Gina Fowler • Fowler Realty
Mls Name: HAR
Mls Provider:
Mls ID: #31910101
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