702 S 28th StCorsicanaTX75110
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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 Corsicana at 702 S 28th St, Corsicana, TX, 75110 uses $82,875 cash to close to unlock $1,198/yr annual cash flow and $100/mo monthly cash flow. Total monthly income runs $1,878/mo, and a $1,224/mo payment keeps the spread at $100/mo. Purchase price stands at $249,999, and rental yield measures 9.01% with $1,878/mo rent. Return on cash invested shows 21.35% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 111.81% and total cumulative return in cash records $92,662. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,878/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 2026
9,365 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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