602 N Commerce StOvertonTX75684
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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 Overton at 602 N Commerce St, Overton, TX, 75684 priced at $110,000 pairs $885/mo rent with $103/mo cash flow after a $538/mo payment. Total monthly income equals $885/mo, and annual cash flow comes to $1,238/yr on $36,465 invested. Return on cash invested is 23.3% in year one, and rental yield stands at 9.65% on a $110,000 basis. Equity gained on principal adds $710/yr, and 5% annual appreciation accumulates to $30,391 by year five. Five-year ROI measures 122.38% and total cumulative return in cash reaches $44,628. For financing, Ziffy Mortgage’s DSCR program evaluates $885/mo property income against a $538/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1999
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75684, Overton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,951 (100%) |
| Owner Occupied HU | 1,982 (67.2%) |
| Renter Occupied HU | 578 (19.6%) |
| Vacant Housing Units | 391 (13.2%) |
| Median Home Value | $168,954 |
| Average Home Value | $225,202 |
Housing Distribution
Address Breakdown
Residential
2,616
Single Family
2,616
Multi-Family
0
Businesses
121
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