6056 W Line RdCollinsvilleTX76233
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Collinsville at 6056 W Line Rd, Collinsville, TX, 76233 with 5% annual appreciation on a $789,000 basis while $1,836/mo rent supports operations. 61% in year one. Equity gained on principal adds $5,091/yr, and five-year appreciation sums $217,986 alongside rental yield of 2.79%. Five-year ROI measures 11.27% and total cumulative return in cash totals $29,266. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,836/mo property income versus a $3,862/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1940
16.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76233, Collinsville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,682 (100%) |
| Owner Occupied HU | 1,200 (71.3%) |
| Renter Occupied HU | 378 (22.5%) |
| Vacant Housing Units | 104 ( 6.2%) |
| Median Home Value | $371,233 |
| Average Home Value | $421,963 |
Housing Distribution
Address Breakdown
Residential
1,443
Single Family
1,443
Multi-Family
0
Businesses
69
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer Bryson • THE REAL ESTATE COMPANY
Mls Name: NTREIS
Mls ID: #20775296
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.