420 Shelbyville StCenterTX75935
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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 Center at 420 Shelbyville St, Center, TX, 75935 priced at $210,000 converts $900/mo rent into after a $1,028/mo obligation. Total monthly income equals $900/mo. Return on cash invested prints 9.68% in year one, and rental yield reads 5.14% against a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation compiles into $58,019 by year five. Five-year ROI reaches 49.22% and total cumulative return in cash sums $34,264. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $900/mo property income covering a $1,028/mo payment, not borrower’s personal income.
Single Family
Built in 1950
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75935, Center, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,699 (100%) |
| Owner Occupied HU | 3,440 (60.4%) |
| Renter Occupied HU | 1,400 (24.6%) |
| Vacant Housing Units | 859 (15.1%) |
| Median Home Value | $133,578 |
| Average Home Value | $208,467 |
Housing Distribution
Address Breakdown
Residential
5,359
Single Family
5,359
Multi-Family
0
Businesses
753
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