703 Shirley Jean LnCollinsvilleTX76233
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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 Collinsville at 703 Shirley Jean Ln, Collinsville, TX, 76233 with 5% annual appreciation on a $435,000 basis while $3,262/mo rent supports operations. Total monthly income totals $3,262/mo and a $2,129/mo payment preserves $169/mo for cash returns. Annual cash flow comes to $2,025/yr on $144,203 deployed, and return on cash invested reaches 21.31% in year one. Equity gained on principal adds $2,807/yr, and five-year appreciation sums $120,182 alongside rental yield of 9%. Five-year ROI measures 111.58% and total cumulative return in cash totals $160,896.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,262/mo property income versus a $2,129/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2017
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76233, Collinsville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,682 (100%) |
| Owner Occupied HU | 1,200 (71.3%) |
| Renter Occupied HU | 378 (22.5%) |
| Vacant Housing Units | 104 ( 6.2%) |
| Median Home Value | $371,233 |
| Average Home Value | $421,963 |
Housing Distribution
Address Breakdown
Residential
1,443
Single Family
1,443
Multi-Family
0
Businesses
69
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Listed by: Cory Meals • eXp Realty LLC
Mls Name: NTREIS
Mls ID: #21017101