584 County Road 2131TelephoneTX75488
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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
Rental property for sale in Telephone at 584 County Road 2131, Telephone, TX, 75488 generates $1,090/mo in rent and, after a $695/mo payment, leaves $80/mo in cash flow. Total monthly income is $1,090/mo, and annual cash flow is $963/yr on $47,073 invested. Return on cash invested sits at 21.95% in year one, and rental yield is 9.21% on a $142,000 entry. Equity gained on principal adds $916/yr, while 5% annual appreciation builds toward $39,232 over five years. Five-year ROI reaches 115.13% and total cumulative return in cash sums $54,194. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,090/mo property income rather than buyer’s personal income.
Single Family
Built in 1997
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75488, Telephone, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 602 (100%) |
| Owner Occupied HU | 417 (69.3%) |
| Renter Occupied HU | 69 (11.5%) |
| Vacant Housing Units | 116 (19.3%) |
| Median Home Value | $304,930 |
| Average Home Value | $434,215 |
Housing Distribution
Address Breakdown
Residential
509
Single Family
509
Multi-Family
0
Businesses
9
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Listed by: Kevin Riney • NE Texas Regional Realty
Mls Name: NTREIS
Mls ID: #20843585
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.