503 N Hopkins AveCorsicanaTX75110
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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 Corsicana at 503 N Hopkins Ave, Corsicana, TX, 75110 with 5% annual appreciation on a $216,000 basis while $1,463/mo rent supports operations. 69% in year one. Equity gained on principal adds $1,394/yr, and five-year appreciation sums $59,677 alongside rental yield of 8.13%. Five-year ROI measures 97.56% and total cumulative return in cash totals $69,855. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,463/mo property income versus a $1,057/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1984
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75110, Corsicana, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,123 (100%) |
| Owner Occupied HU | 6,585 (54.3%) |
| Renter Occupied HU | 4,309 (35.5%) |
| Vacant Housing Units | 1,229 (10.1%) |
| Median Home Value | $188,356 |
| Average Home Value | $254,696 |
Housing Distribution
Address Breakdown
Residential
11,596
Single Family
10,883
Multi-Family
713
Businesses
1,104
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Listed by: Rebecca Buendia • Keller Williams Fort Worth
Mls Name: NTREIS
Mls ID: #20894791
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.