596 County Road 1214QuitmanTX75783
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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 Quitman at 596 County Road 1214, Quitman, TX, 75783 offers a 10.77% rental yield on a $189,999 purchase with $1,705/mo rent. Total monthly income registers $1,705/mo, and a $930/mo payment leaves $354/mo available for distribution. Annual cash flow reaches $4,246/yr on $62,985 to close, and return on cash invested stands at 26.65% in year one. Equity gained on principal adds $1,226/yr while 5% annual appreciation supports $52,493 over five years. Portfolio math shows five-year ROI at 140.21% and total cumulative return in cash at $88,308. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,705/mo property income against a $930/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75783, Quitman, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,332 (100%) |
| Owner Occupied HU | 2,852 (65.8%) |
| Renter Occupied HU | 697 (16.1%) |
| Vacant Housing Units | 783 (18.1%) |
| Median Home Value | $229,260 |
| Average Home Value | $377,568 |
Housing Distribution
Address Breakdown
Residential
3,732
Single Family
3,641
Multi-Family
91
Businesses
364
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Listed by: Aimee Brady • Lake Homes Realty, LLC
Mls Name: NTREIS
Mls ID: #20895334
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.