601 Park StCommerceTX75428
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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 Commerce at 601 Park St, Commerce, TX, 75428 with 5% annual appreciation on a $270,000 basis while $2,203/mo rent supports operations. Total monthly income totals $2,203/mo and a $1,322/mo payment preserves $283/mo for cash returns. Annual cash flow comes to $3,390/yr on $89,505 deployed, and return on cash invested reaches 23.7% in year one. Equity gained on principal adds $1,742/yr, and five-year appreciation sums $74,596 alongside rental yield of 9.79%. Five-year ROI measures 124.39% and total cumulative return in cash totals $111,337.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,203/mo property income versus a $1,322/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1920
0.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75428, Commerce, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,530 (100%) |
| Owner Occupied HU | 1,672 (36.9%) |
| Renter Occupied HU | 2,069 (45.7%) |
| Vacant Housing Units | 789 (17.4%) |
| Median Home Value | $213,864 |
| Average Home Value | $283,327 |
Housing Distribution
Address Breakdown
Residential
4,160
Single Family
3,443
Multi-Family
717
Businesses
278
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Listed by: Priscilla Derrington • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #20813280
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.