605 S Colorado StCelinaTX75009
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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 Celina at 605 S Colorado St, Celina, TX, 75009 listed at $434,000 pairs $2,702/mo rent with a $2,124/mo payment. Total monthly income runs $2,702/mo. Return on cash invested measures 16.71% in year one, and rental yield registers 7.47% at a $434,000 basis. Equity gained on principal adds $2,801/yr, and annual property appreciation at 5% supports $119,906 by year five. Five-year ROI tracks 86.87% and total cumulative return in cash totals $124,978. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,702/mo property income relative to a $2,124/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1988
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75009, Celina, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,429 (100%) |
| Owner Occupied HU | 11,602 (70.6%) |
| Renter Occupied HU | 2,714 (16.5%) |
| Vacant Housing Units | 2,113 (12.9%) |
| Median Home Value | $589,775 |
| Average Home Value | $647,628 |
Housing Distribution
Address Breakdown
Residential
12,596
Single Family
11,932
Multi-Family
664
Businesses
466
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Listed by: Michael Garner • Texas Elite Realty
Mls Name: NTREIS
Mls ID: #20739176
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.