620 County Road 2937DecaturTX76234
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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 Decatur at 620 County Road 2937, Decatur, TX, 76234 earns $539/mo cash flow from $2,459/mo rent with a $1,322/mo payment. Total monthly income totals $2,459/mo, and annual cash flow totals $6,462/yr on $89,505 capital. ROI tracks 27.13% on current figures, and rental yield reads 10.93% at a $270,000 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,596 over five years. Five-year ROI reaches 142.79% and total cumulative return in cash sums $127,801. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,459/mo property income instead of your personal income.
Manufactured
Built in 2023
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76234, Decatur, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,060 (100%) |
| Owner Occupied HU | 5,721 (71.0%) |
| Renter Occupied HU | 1,737 (21.6%) |
| Vacant Housing Units | 602 ( 7.5%) |
| Median Home Value | $402,786 |
| Average Home Value | $464,320 |
Housing Distribution
Address Breakdown
Residential
8,074
Single Family
7,756
Multi-Family
318
Businesses
1,018
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