696 An County Rd #385PalestineTX75801
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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 Palestine at 696 An County Rd #385, Palestine, TX, 75801 uses $33,150 cash to close to unlock $1,828/yr annual cash flow and $152/mo monthly cash flow. Total monthly income runs $863/mo, and a $489/mo payment keeps the spread at $152/mo. Purchase price stands at $100,000, and rental yield measures 10.36% with $863/mo rent. Return on cash invested shows 25.42% in year one, and 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 133.7% and total cumulative return in cash records $44,320. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $863/mo property income covering a $489/mo payment rather than investor’s personal income.
Manufactured
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75801, Palestine, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,555 (100%) |
| Owner Occupied HU | 4,178 (55.3%) |
| Renter Occupied HU | 2,475 (32.8%) |
| Vacant Housing Units | 902 (11.9%) |
| Median Home Value | $182,082 |
| Average Home Value | $242,206 |
Housing Distribution
Address Breakdown
Residential
7,273
Single Family
6,456
Multi-Family
817
Businesses
867
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