6551 Private Road 1240CentervilleTX75833
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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 Centerville at 6551 Private Road 1240, Centerville, TX, 75833 offers a 10.43% rental yield on a $435,000 purchase with $3,781/mo rent. Total monthly income registers $3,781/mo, and a $2,129/mo payment leaves $688/mo available for distribution. Annual cash flow reaches $8,253/yr on $144,203 to close, and return on cash invested stands at 25.63% in year one. Equity gained on principal adds $2,807/yr while 5% annual appreciation supports $120,182 over five years. Portfolio math shows five-year ROI at 134.74% and total cumulative return in cash at $194,292. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,781/mo property income against a $2,129/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
12.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75833, Centerville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,204 (100%) |
| Owner Occupied HU | 1,291 (58.6%) |
| Renter Occupied HU | 250 (11.3%) |
| Vacant Housing Units | 663 (30.1%) |
| Median Home Value | $211,700 |
| Average Home Value | $261,253 |
Housing Distribution
Address Breakdown
Residential
1,265
Single Family
1,265
Multi-Family
0
Businesses
185
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Listed by: Stephanie Jacobs • Realty Associates
Mls Name: HAR
Mls Provider:
Mls ID: #76397554
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