500 Rio Grande St,Coleman,TX,76834

Investment Highlights

Rental property for sale in Coleman at 500 Rio Grande St, Coleman, TX, 76834 generates $1,469/mo in rent and, after a $954/mo payment, leaves $83/mo in cash flow. Total monthly income is $1,469/mo, and annual cash flow is $993/yr on $64,643 invested. Return on cash invested sits at 21.45% in year one, and rental yield is 9.04% on a $195,000 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 112.31% and total cumulative return in cash sums $72,598. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,469/mo property income rather than buyer’s personal income.