509 N 2nd StCoahomaTX79511
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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 Coahoma at 509 N 2nd St, Coahoma, TX, 79511 uses $48,068 cash to close to unlock $799/yr annual cash flow and $67/mo monthly cash flow. Total monthly income runs $1,098/mo, and a $710/mo payment keeps the spread at $67/mo. Purchase price stands at $145,000, and rental yield measures 9.09% with $1,098/mo rent. Return on cash invested shows 21.57% in year one, and 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 112.98% and total cumulative return in cash records $54,308. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,098/mo property income covering a $710/mo payment rather than investor’s personal income.
Single Family
Built in 1949
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79511, Coahoma, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 543 (100%) |
| Owner Occupied HU | 370 (68.1%) |
| Renter Occupied HU | 76 (14.0%) |
| Vacant Housing Units | 97 (17.9%) |
| Median Home Value | $227,941 |
| Average Home Value | $231,730 |
Housing Distribution
Address Breakdown
Residential
185
Single Family
185
Multi-Family
0
Businesses
57
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