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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Corsicana at 700 A Ave, Corsicana, TX, 75110 priced at $175,000 converts $1,712/mo rent into $467/mo cash flow after a $857/mo obligation. Total monthly income equals $1,712/mo, and annual cash flow totals $5,605/yr on $58,013 invested. Return on cash invested prints 29.57% in year one, and rental yield reads 11.74% against a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation compiles into $48,349 by year five. Five-year ROI reaches 155.96% and total cumulative return in cash sums $90,475. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,712/mo property income covering a $857/mo payment, not borrower’s personal income.
Manufactured
Built in 1985
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75110, Corsicana, TX area.
| 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 |
Residential
11,596
Single Family
10,883
Multi-Family
713
Businesses
1,104
Date | Event | Price |
|---|---|---|
| 2024-03-06 | Price change | $175,000 |
| 2023-07-19 | Price change | $99,500 |
| 2023-04-26 | Price change | $125,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $837.11 | -0.06% | $44,210 | -2.58% |
| 2023-02-12 | $837.61 | N/A | $45,380 | 85.07% |
| 2022-02-12 | N/A | N/A | $24,520 | -15.39% |
Listed by: David Torres • HomeSmart
Mls Name: HAR
Mls Provider:
Mls ID: #65836503
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