4293 Fm 990De KalbTX75559
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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 De Kalb at 4293 Fm 990, De Kalb, TX, 75559 uses $82,224 cash to close to unlock $7,202/yr annual cash flow and $600/mo monthly cash flow. Total monthly income runs $2,364/mo, and a $1,214/mo payment keeps the spread at $600/mo. Purchase price stands at $248,037, and rental yield measures 11.44% with $2,364/mo rent. Return on cash invested shows 28.67% in year one, and 5% annual appreciation builds toward $68,528 over five years. Five-year ROI reaches 151.07% and total cumulative return in cash records $124,218. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,364/mo property income covering a $1,214/mo payment rather than investor’s personal income.
Single Family
Built in 1985
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75559, De Kalb, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,785 (100%) |
| Owner Occupied HU | 1,818 (65.3%) |
| Renter Occupied HU | 555 (19.9%) |
| Vacant Housing Units | 412 (14.8%) |
| Median Home Value | $158,075 |
| Average Home Value | $190,257 |
Housing Distribution
Address Breakdown
Residential
2,440
Single Family
2,414
Multi-Family
26
Businesses
156
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