634 Mockingbird PlCorsicanaTX75110
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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 Corsicana at 634 Mockingbird Pl, Corsicana, TX, 75110 offers $1,733/mo rent that, after a $1,125/mo payment, leaves $98/mo cash flow. Total monthly income is $1,733/mo, and annual cash flow is $1,181/yr on $76,212 cash. Return on cash invested measures 21.46% in year one, and rental yield stands at 9.05% at a $229,900 entry. Equity gained on principal adds $1,484/yr while 5% annual appreciation compounds into $63,517 by year five. Five-year ROI records 112.39% and total cumulative return in cash reaches $85,655. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,733/mo property income versus a $1,125/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1996
3,615 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75110, Corsicana, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,123 (100%) |
| Owner Occupied HU | 6,585 (54.3%) |
| Renter Occupied HU | 4,309 (35.5%) |
| Vacant Housing Units | 1,229 (10.1%) |
| Median Home Value | $188,356 |
| Average Home Value | $254,696 |
Housing Distribution
Address Breakdown
Residential
11,596
Single Family
10,883
Multi-Family
713
Businesses
1,104
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Listed by: Jeffery Smith • Century 21 Mike Bowman, Inc.
Mls Name: NTREIS
Mls ID: #20721267
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.