409 E College St #ATerrellTX75160
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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 Terrell at 409 E College St #A, Terrell, TX, 75160 with 5% annual appreciation on a $335,900 basis while $2,982/mo rent supports operations. Total monthly income totals $2,982/mo and a $1,644/mo payment preserves $593/mo for cash returns. Annual cash flow comes to $7,121/yr on $111,351 deployed, and return on cash invested reaches 26.3% in year one. Equity gained on principal adds $2,168/yr, and five-year appreciation sums $92,803 alongside rental yield of 10.65%. Five-year ROI measures 138.35% and total cumulative return in cash totals $154,059.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,982/mo property income versus a $1,644/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1984
6,577 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75160, Terrell, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,701 (100%) |
| Owner Occupied HU | 6,339 (59.2%) |
| Renter Occupied HU | 3,563 (33.3%) |
| Vacant Housing Units | 799 ( 7.5%) |
| Median Home Value | $313,227 |
| Average Home Value | $338,221 |
Housing Distribution
Address Breakdown
Residential
10,259
Single Family
8,530
Multi-Family
1,729
Businesses
1,261
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Listed by: Matthew Malone • Malone and Associates RE
Mls Name: NTREIS
Mls ID: #20780272
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.