589 Chestnut DrVanTX75790
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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 Van at 589 Chestnut Dr, Van, TX, 75790 listed at $295,000 pairs $2,214/mo rent with a $1,444/mo payment to leave $116/mo cash flow. Total monthly income runs $2,214/mo, and annual cash flow reaches $1,393/yr on $97,793 cash to close. Return on cash invested measures 21.33% in year one, and rental yield registers 9.01% at a $295,000 basis. Equity gained on principal adds $1,904/yr, and annual property appreciation at 5% supports $81,503 by year five. Five-year ROI tracks 111.74% and total cumulative return in cash totals $109,274. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,214/mo property income relative to a $1,444/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2008
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75790, Van, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,929 (100%) |
| Owner Occupied HU | 1,289 (66.8%) |
| Renter Occupied HU | 454 (23.5%) |
| Vacant Housing Units | 186 ( 9.6%) |
| Median Home Value | $211,752 |
| Average Home Value | $270,403 |
Housing Distribution
Address Breakdown
Residential
1,495
Single Family
1,495
Multi-Family
0
Businesses
235
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