438 South StKrumTX76249
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Krum at 438 South St, Krum, TX, 76249 offers $2,456/mo rent that, after a $1,419/mo payment, leaves $394/mo cash flow. Total monthly income is $2,456/mo, and annual cash flow is $4,733/yr on $96,102 cash. Return on cash invested measures 24.83% in year one, and rental yield stands at 10.17% at a $289,900 entry. Equity gained on principal adds $1,871/yr while 5% annual appreciation compounds into $80,094 by year five. Five-year ROI records 130.48% and total cumulative return in cash reaches $125,397. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,456/mo property income versus a $1,419/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
8,015 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76249, Krum, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,952 (100%) |
| Owner Occupied HU | 3,057 (77.4%) |
| Renter Occupied HU | 744 (18.8%) |
| Vacant Housing Units | 151 ( 3.8%) |
| Median Home Value | $449,381 |
| Average Home Value | $571,968 |
Housing Distribution
Address Breakdown
Residential
3,755
Single Family
3,590
Multi-Family
165
Businesses
218
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