602 College StSulphur SpringsTX75482
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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
Total monthly income runs $2,220/mo, and a $1,591/mo payment. Purchase price stands at $324,990, and rental yield measures 8.2% with $2,220/mo rent. Return on cash invested shows 18.89% in year one, and 5% annual appreciation builds toward $89,789 over five years. Five-year ROI reaches 98.61% and total cumulative return in cash records $106,234. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,220/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Single Family
Built in 1901
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75482, Sulphur Springs, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,363 (100%) |
| Owner Occupied HU | 6,608 (58.2%) |
| Renter Occupied HU | 3,637 (32.0%) |
| Vacant Housing Units | 1,118 ( 9.8%) |
| Median Home Value | $246,201 |
| Average Home Value | $326,051 |
Housing Distribution
Address Breakdown
Residential
11,169
Single Family
9,717
Multi-Family
1,452
Businesses
1,025
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Listed by: Katie Fitzpatrick • United Real Estate
Mls Name: NTREIS
Mls ID: #21113996