501 Needham St,Coleman,TX,76834

Investment Highlights

Rental property for sale in Coleman at 501 Needham St, Coleman, TX, 76834 priced at $174,000 converts $1,334/mo rent into $96/mo cash flow after a $852/mo obligation. Total monthly income equals $1,334/mo, and annual cash flow totals $1,156/yr on $57,681 invested. Return on cash invested prints 21.91% in year one, and rental yield reads 9.2% against a $174,000 entry. Equity gained on principal adds $1,123/yr, while 5% annual appreciation compiles into $48,073 by year five. Five-year ROI reaches 114.87% and total cumulative return in cash sums $66,257. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,334/mo property income covering a $852/mo payment, not borrower’s personal income.