508 E Fannin StDe kalbTX75559
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
Investment property for sale in De kalb at 508 E Fannin St, De kalb, TX, 75559 at $297,000 posts ROI 25.16% with $431/mo cash flow from $2,543/mo rent. Total monthly income equals $2,543/mo, and annual cash flow records $5,168/yr on $98,456 to close. Return on cash invested measures 25.16% and rental yield reads 10.27% at the current $297,000. Equity gained on principal adds $1,916/yr, and 5% annual appreciation supports $82,056 by year five. Five-year ROI prints 132.2% and total cumulative return in cash totals $130,158.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,543/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1976
3.44 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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